Huawei Enjoys Stronger Quarter than Ericsson

Ericsson said its sales, adjusted for comparable units and currency, in the second quarter fell 6% year-on-year to 60.7 billion Swedish krona (7.1 billion US dollars), hit by less capacity business in North America. Ericsson added that its reported IPR revenues were slightly down year-on-year despite a positive currency effect... primarily due to an ongoing dispute with a major customer. source: Ericsson presentation

Meanwhile, Huawei reported a 30% year-on-year increase in revenues to 175.9 billion Chinese yuan (20.4 billion US dollars) for the first six months of 2015.  "Investment continued to pour into 4G network construction in China," noted Huawei's Chief Financial Officer Meng Wanzhou.  "In addition, the growth in global data traffic drives investment in network capacity expansion, while carriers' digital transformation pushes up investment in the ICT industry. These factors helped us maintain steady growth in the carrier business." source: Huawei statement