According to Bloomberg News, data released by research firm Dell' Oro showed that Samsung Electronics, which is seeking to expand its market share in mobile network equipment, surpassed China's ZTE for the first time in the second quarter.
According to Dell' Oro's report, Samsung Electronics' new share in the mobile network market reached a new record in the first half of this year. The company is currently the strongest challenger in the industry's top three Ericsson, Nokia and Huawei technologies.
Samsung's growth has benefited from investment expansion to expand capacity and expansion in North America and Asia. In addition, ZTE has been sanctioned by the United States for violating restrictions on the sale of technology to Iran. The Chinese company was unable to purchase equipment for manufacturing at the time of the sanctions. American parts, the factory is almost closed.
Although it is not yet possible to judge whether Samsung can achieve two to three times the growth of its network business by 2022, it will become one of the three major equipment suppliers, but Stefan Pongratz, senior research director at Dell' Oro, said in an e-mail commentary. The half-year result 'most positively shows that this supplier is currently benefiting from its improved position in the US market'.