Network Equipment Down, Too
Another industry that had race to keep to keep pace with the
Growing cell phone market-makers of network equipment
like switches, towers, towers, and more-also hit the skids. Longtime
stalwarts Alcatel-Lucent and Nokia Siemens Networks were both running losses in 2010. In the face of waning demand for 3 G technology and stiff competition from Ericsson and China,s Huawei.
They were hoping that orders for new 4G equipment would bail them out.
Thus, while the rapidly growing market for mobile telephone service
has been an attractive one. The Indus tries that serve this market
Face significant challenges