Chinese telecom gear maker Huawei Technologies plans to replace Ericsson (ERIC) as the number...

|By:, SA News Editor

Chinese telecom gear maker Huawei Technologies plans to replace Ericsson (ERIC) as the number one maker of next-gen mobile-phone network hardware. The company, along with ZTE Corp., is on technological par with western rivals, and could own half of the phone gear market in 5 years, up from 30% now.