Huaweiis challenging Ericssonto become the world’s largest telecom equipment vendor by sales following a decade-long push by the Chinese company to shake up the industry.
Huawei said on Tuesday its revenue in the first six months was Rmb102.7bn, up 5.1 per cent compared with the same period in 2011.
Ericsson last week reported a drop in first-half revenue to SK106.3bn from SK107.7bn a year earlier, although lower than Huawei the figures are not directly comparable as close to a quarter of sales at the Shenzen-based group is through consumer businesses such as handsets.
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