There are no doubt a number of variables that make the comparisons slightly uneven -- particularly the breadth of portfolios (Huawei has made a big push in the enterprise technology and mobile devices sectors in the past year) and the impact of currency exchange rates. But at a basic level, and using the U.S. dollar as the unifying global currency, the Chinese vendor is now bigger than Ericsson AB (Nasdaq: ERIC).
While, at current exchange rates, Huawei's reported revenues for the first six months of 2012 total US$16.1 billion, Ericsson's come in at $15.25 billion (106.3 billion Swedish kronor). (See Ericsson Sets Q2 Benchmark.)
Table 1: Vendor Ranking by H1 2012 Revenues (in US$)
Ranking by H1 2012 revenues
Vendor
H1 revenues in US$
1
Huawei
16.1 billion
2
Ericsson
15.25 billion
3
Alcatel-Lucent
8.13 billion (estimate)
4
Nokia Siemens Networks
8 billion
5
ZTE
More than 5.8 billion
AlcaLu reported first-quarter revenues of €3.2 billion ($3.9 billion) and is expected to report sales of around €3.5 billion ($4.23 billion) for the second quarter when it reports its latest earnings on July 26. (See AlcaLu Issues Full-Year Profit Warning and Bad Start to 2012 for AlcaLu.)
ZTE stated recently that its revenues for the first six months of 2012 will be greater than the RMB 37 billion ($5.8 billion) it recorded a year ago.
— Ray Le Maistre, International Managing Editor, Light Reading
LOL! "In other words....."? How did you ever come up with this? Arrive at this conclusion? ROFL! Amazing!!! A reasonable person would remark, "Phil could have worded it better." Unless he was being a WUM :)
If you were to re-read the posts of that thread, I only asked a question, "Is Huawei the only vendor capable of this?". Then, all hell broke loose. I was deemed "a fool". I was "not getting it". Etc.
Of course I "wasn't getting it". I don't agree with you. It's very simple. A number on here just cannot accept a differing point of view. It's that, "if you're not with me, then you're against me" mentality. To quote from The Godfather, "Our ships must sail in the same direction". :)
With regards to pushing a position... Absolutely! Trade wars and protectionist measures affect me! Hence I posted this:
LOL! No, I am not an "Ericsson troll". But do have a read. Trade makes everyone better off. This is a fundamental economic theory.
P.S. You know what? I don't really want to go there, but if you want to... The US begged China to maintain the peg and not float, during the height of the Asian currency crisis back in 97/98 (I was in the midst of this, please don't try to argue, I know this case intimately). Now, it wants China to freely float it. Why? It's in their interest! So, would one not say... China might be doing things in her interest? (no, I am no "China troll" lol!)
So another words you hate Phil Harvey the editor of Light Reading who posted the topic.
If you look at the posts up to yours, no mention of any vendor outside of the title was made. Neither Soup nor I did. What we answered was a question about router vendors.
I will be blunt with you however. I see that you are pushing a position. For example, you complain about trade issues and yet I see no posting about floating the RMB. Which, of course, is the single largest issue in the current trade imbalance. So, if you want open trade start at the beginning.
If you believe comm systems are not used for spying, then you best explain all the examples I gave going back all the way to WWII. If you can not, then you are being a fool.
What I found interesting was the topic of the thread, namely "Huawei Espionage". The other interesting take was you having to resort to calling another "a fool", simply because of differing opinions. You know me well. When you resort to insults, I will resort to WUMming :)
That's the gist of what's happening here. The minute I say something positive about Huawei, I get labelled a "Huawei troll" and whatnot. Given that I'm actually a big fan of ALU and have said many positive things about them (notably re. Lightradio), I must ask why I am never called an "ALU troll", etc.
I would say that most chinese are too sensitive when you say any bad thing about china, or question any small details about a chinese company, they respond very aggressively. On the other hand there is a paranoia around Huawei in the USA.
One feed the other.
The only thing that really bothers me in the whole debacle about Huawei, is regarding being copycats. Huawei really has an imense R&D facility, and really develops new and innovative products. The whole Cisco x Huawei problem that happened years ago really damaged their image until today in the industry...
Speaking of optical networking (which was the primary topic in this site in the old days), I really do not see Huawei copying anybody, and more than that, always delivering really good technology.
Other than that, I do agree that normally it is difficult to believe finance reports from private companies. There were so many cases of frauds in the past that it is normal to be skeptical. Actually even in public companies there were huge frauds over the years.
What I found interesting is that answering Phil's technical questions about what could be done by any router vendor was taken as an attack on Huawei. The questions and answers were given completely neutrally....until....
".....tired of you taking my blatant & obvious bait....."
There you have it! Further proof of his trolling nature :) LOL, I just love it, he screws himself with every word he writes.
Let's re-cap:
We all know that Soupafly is a proven racist. I personally think that it's disgraceful to hate a nation/people, simply due to bad experiences at a company. Anger leads to hate... hate leads to suffering! Soupafly, please stop suffering :(
We also know that his nature is a function of his upbringing. But there's actually more! It's also a function of the environment, his obviously abysmal education, etc.
The blogs and comments are the opinions only of the writers and do not reflect the views of Light Reading. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
To save this item to your list of favorite Light Reading content so you can find it later in your Profile page, click the "Save It" button next to the item.
