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Ericsson share slips on shrinking market - Dell'Oro

The exterior of Ericsson's headquarters are seen in Stockholm April 30, 2009.Market leader Ericsson saw its share of the shrinking global mobile network equipment market slipping for the second quarter in a row, research firm Dell'Oro said on Monday.REUTERS/Bob Strong/Files

HELSINKI (Reuters) - Market leader Ericsson saw its share of the shrinking global mobile network equipment market slipping for the second quarter in a row, research firm Dell’Oro said on Monday.

The wireless telecommunications gear market has contracted since last year as operators cut spending during the recession and aggressive Chinese vendors drove down prices.

The overall market shrank 17 percent in April-June from a year ago, Dell’Oro said.

Ericsson’s share slipped to 33 percent from 35 percent in the previous quarter, the researcher said.

The second-largest vendor, Nokia Siemens Networks - a joint venture of Nokia and Siemens - had a 20.8 percent market share, up slightly from 20 percent in the previous quarter.

To boost its market position, Nokia Siemens Networks in July unveiled a $1.2 billion deal to buy most of Motorola’s mobile network equipment business.

Motorola had a 3.2 percent share of the market in the quarter, making it the sixth-largest vendor after also Huawei, Alcatel-Lucent and ZTE.

Market No. 3 Huawei saw its quarterly sales fall 2 percent from a year ago, while its market share remained roughly flat at 20.6 percent, Dell’Oro said in its quarterly market review.

Reporting by Tarmo Virki; editing by Robert MacMillan and Andre Grenon

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