5G market in China
"the firm was awarded half of China Mobile's 5G infrastructure contracts last June, with Nokia and Ericsson taking just 34 and 12 per cent respectively"
Actually this is incorrect. Huawei got over half, ZTE got 34% and Ericsson got 12%. Nokia got less than 1%.
ZTE being the other large Chinese maker of telecom equipment and to a lesser extent, consumer devices like SmartPhones. Also the same company who paid a billion dollar fine, after deliberately breaking sanctions and shipping equipment to Iran and other nice dictatorships.
Huawei cries about being discriminated against, but China is not an open market either and the Chinese vendors get the majority of the market share.
Market share for ALL foreign vendors combined is capped at 15% and the only reason Ericsson could win 12%, is because Nokia only got ~1%.
So very much crocodile tears from Huawei and ZTE.