1 min read.Updated: 19 Jul 2021, 06:21 PM ISTReuters
Nokia, which didn't secure any 5G radio contracts in China last year, got a 10% share in one of the three contracts, while Ericsson got 9.6% of another contract
Nokia on Monday won its first 5G radio contract in China, securing a share in one of China Mobile's three new 5G contracts, while Nordic rival Ericsson lost market share after getting caught up in a political spat.
As is customary, Chinese companies took the lion's share of the order. Huawei took a majority share in all three contracts, followed by ZTE, according to a document published by China Mobile.