China’s Huawei gains ground as market for mobile-network gear shrinks at fastest pace in 7 years amid weak 5G demand

Aug 23, 2023 | INVESTING

The magnitude of the reversal was ‘much steeper than anticipated’ and heralds a full-year decline in global revenues, according to market research firm Dell’oro. Huawei Technologies’ quarterly share reached the highest level in three years.

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