KUALA LUMPUR (Jan 30): Ericsson (pictured) has beaten Huawei in 2021 as the radio access network (RAN) market leader, displacing the latter from its long-running lead in the industry, according to a report by analyst firm Mobile Experts. Mobile Experts stated that Nokia’s share of the global RAN market also surpassed Huawei last year, putting Huawei in the No 3 spot. The report also stated that while its rankings “differed significantly” from “widely cited Dell’Oro Group figures”, chief analyst at Mobile Experts Joe Madden, said the firm obtained its data from "more than 100 sources”. Mobile Experts stated that its data showed that “Ericsson closed 2021 with a 26.9% share of the RAN market, followed by Nokia at 21.9%, Huawei at 20.4%, ZTE at 14.5%, and Samsung at 8%”. According to a report by Reuters on Jan 25, Ericsson beat quarterly core earnings forecasts, “sending its shares up 8% as global demand for telecoms equipment for 5G networks offset more market share losses in mainland China”.

Source: The Edge Markets January 30, 2022 12:47 UTC