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Huawei is now the No.2 telecom vendor

As of 2009, Huawei is now the No.2 telecom vendor in the market by sales, overtaking Alcatel-Lucent and Nokia Siemens Networks.

The Chinese vendor yesterday announced a full-year profit of 18.3 billion yuan ($2.7b), up from 7.85 billion in 2008, on sales of 149.1 billion yuan ($21.8b). in comparison,  market leader Ericsson last year posted $29 billion in revenue and $1.6 billion in net income.

More details can be found on this page.

Kugan
Kugan is the founder of MalaysianWireless. He has been observing the mobile industry since 2003. Connect with him on Twitter: @scamboy

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