Nokia Downbeat on Phone Kit, But Could Ericsson Dial Up a Surprise? — Panjiva


Nokia Downbeat on Phone Kit, But Could Ericsson Dial Up a Surprise?

China 2166 Earnings 393 Finance 118 Info Tech - Comms Equip 151 Info Tech - Tech Hardware 499 Mexico 601 U.S. 3930

Mobile phone network installations could begin to fall in 2017 according to Nokia. That could already be seen in exports by Chinese kit manufacturers which saw a 2% decline in the fourth quarter on a year earlier. There has been a pickup more recently, however, with a 2% expansion in the three months to January 31, led by a 44% expansion in shipments by Quanta. It appears to have taken market share from Huawei. U.S.-bound shipments were a bright spot, with a 23% increase for Chinese manufacturers, taking share from Mexican exports. The biggest loser in the U.S. market has been Nokia, whi...

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