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.
China’s Huawei gains ground as market for mobile-network gear shrinks at fastest pace in 7 years amid weak 5G demand
RELATED ARTICLES
SMIC shrugs off US curbs with record revenue outlook on tight chip supply
Hong Kong raises GDP growth forecast to 3.2% amid ‘robust’ economic performance
Takeaway from Cop30: climate action needs to be up close and local
