There is a reason Ericsson threaten to move from Sweden if they would block Huawei from having market access.
Because it would mean Ericsson would lose a lot of tenders, they went from getting 12% of the 5G tenders to like 2%.
Part of their tenders went to domestic companies and Nokia scored some 5G tenders.
Same for a lot of other sectors and western companies on the background the Chinese market is by far their biggest market.
I'm all for it that western companies lose their Asian market share means more internal consumption for Asian made products.
Same for a lot of other sectors and western companies on the background the Chinese market is by far their biggest market. I'm all for it that western companies lose their Asian market share means more internal consumption for Asian made products.
https://www.asiafinancial.com/ericsson-vow-to-win-back-china...