Despite US and EU bans, Huawei remains a formidable competitor for Ericsson in Europe, impacting market shares and revenue. Bans Fail to Stifle Huaweis Growth Huawei is a significant competitor in Europe for...
  • 0x0@programming.devEnglish
    111·
    4 months ago

    Ekholm attributes Ericsson’s significant network market downturn on Chinese businesses.

    So long as Chinese rivals keep selling low-priced goods, telecoms won’t be able to put much pressure on them.

    Ain’t that called free market competition and all?

    • themurphyEnglish
      71·
      4 months ago

      Not when it isn’t a rich US/EU guy owning the business.

      • mal3oon@lemmy.worldEnglish
        1·
        4 months ago

        It’s more about China heavily subsidizing its tech industry, mainly to disrupt western innovations. Same thing is happening with Electrical Vehicles. Typical capitalist bait and switch.

        • themurphyEnglish
          2·
          4 months ago

          That’s true, but it’s also true that China has prioritised to make automated factories and investing heavily in just plain better battery tech.

          I know alot of the money came from the CCP, but when the investments are done, this new tech will outperform other companies on just being better (thinking of EV specifically).

          I think I’m just saying that a state investing in tech and technologies is not a bad idea always.