South China Morning Post – How Huawei went from small-time trader in Shenzhen to world’s biggest telecoms equipment supplier

“Huawei was like a start-up company, it did not have the burden of having a legacy business, and it grew in strength by recruiting many good engineers. They were inspired by how Ericsson and Nokia functioned,” said Bengt Nordstrom, chief executive of Stockholm-based consulting firm Northstream and a former Ericsson executive. “I think it’s fair to say that Huawei’s competitors underestimated them maybe up until 2010. But not any longer.”

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Reuters - Seizing on Huawei's troubles, Samsung bets big on network gear

“The way telcos purchase products and services from their suppliers demand a lot of time and resources, which is why Ericsson and Nokia have around 100,000 employees and Huawei almost twice as many,” said Bengt Nordstrom, CEO of telecom consultancy Northstream. Read full article Related
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