Recently, Korea Telecom issued a statement saying that it has selected Samsung, Ericsson and Nokia as 5G equipment suppliers, and Huawei regrets losing the election. At the same time, Korea Telecom also said that the results of this selection are based on objective judgment.
However, it is undeniable that Huawei's products have not been smoothly deployed overseas. If you carefully study the relevant data of Huawei in the Korean market, it can be found that due to the strong competitiveness of local brands such as Samsung and LG, Huawei's market share is not satisfactory. It can be seen that in the 5G dispute in the Korean market, Huawei is indeed struggling. water blocking yarn
According to a report just released by IDC, it is expected that by 2022, the market value of the 5G infrastructure (including 5G and 5G related network infrastructures such as 5G RAN, 5G NG core, NFVI, routing and fiber backhaul) will be 5.10 in 2018. The $2.8 billion grew to $26 billion, with a compound annual growth rate (CAGR) of 118%. Among them, 5G RAN will become the largest market sub-segment market.water blocking yarn
Since this year, Huawei has been working on setting up a basic network. As a leader in the 5G industry, Huawei not only has a strong accumulation in architecture and related technologies, but also successfully won the 5G short code, which shows its ambition in this industry. In addition, Huawei's layout in the artificial intelligence industry and 5G smart phones is further strengthened. water blocking yarn
This unsuccessful election is a great pity for Huawei.