Ovum: Huawei rides the Q3 09 optical revenue wave

Led by a very aggressive Asia-Pacific market, Ovum reported that the global optical networking (ON) market totaled $3.6 billion in Q3 09. However, overall growth in the market segment was down 4 percent sequentially and down 10 percent compared with Q3 08. One vendor that is being rewarded for Asia-Pacific's optical networking growth trend is Huawei. Ovum reports in its preliminary analysis that Huawei is not only winning in its home country but overall the vendor's global revenues have surpassed Alcatel-Lucent's revenues by over $100 million every quarter this year so far.

"Several vendors are benefiting from China's ON spending spree, which is being propelled by 3G mobile builds, but none more than Huawei," said Ovum's Vice President, Optical Networking, Dana Cooperson in a release. "On strength that extends far beyond its home market, Huawei has taken the top spot over long-time leader Alcatel-Lucent in the $15.2 billion market."

Besides Huawei and its fellow Chinese vendor compatriot ZTE, which beat out Fujitsu for the number four slot, a number of optical vendors (Cisco, Fujitsu, NEC, Tellabs, and even Nortel) saw sequential growth.  

For more:
- see the Ovum release here

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