Ericsson, Samsung Gain Share in Network Gear as ZTE Slumps

Ericsson, Samsung Gain Share in Network Gear as ZTE Slumps
The Ericsson logo is seen at the Ericsson's headquarters in Stockholm, Sweden on June 14, 2018. (Reuters/Olof Swahnberg
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Ericsson increased its share of the mobile networks market in the second quarter, while Samsung Electronics jumped into fourth place, data from industry research firm Dell'Oro showed.

Ericsson, the second biggest maker of radio access network gear, and Samsung benefited from rising U.S. demand as China’s ZTE tumbled into fifth place after it was hit by U.S. sanctions in April.