As of 2021, 60 percent of all 5G base stations in China had been manufactured by Huawei. Swedish telecommunications company Ericsson and the Finish telecommunications company Nokia were the only foreign enterprises involved in the development of China's 5G network. This involvement had helped the companies generate significant profits in 2020.
Market share of 5G base station manufacturers in China in 2021
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Eastmoney.com. (October 31, 2021). Market share of 5G base station manufacturers in China in 2021 [Graph]. In Statista. Retrieved August 15, 2022, from https://www.statista.com/statistics/1194757/china-market-share-of-5g-base-stations-by-manufacturer/
Eastmoney.com. "Market share of 5G base station manufacturers in China in 2021." Chart. October 31, 2021. Statista. Accessed August 15, 2022. https://www.statista.com/statistics/1194757/china-market-share-of-5g-base-stations-by-manufacturer/
Eastmoney.com. (2021). Market share of 5G base station manufacturers in China in 2021. Statista. Statista Inc.. Accessed: August 15, 2022. https://www.statista.com/statistics/1194757/china-market-share-of-5g-base-stations-by-manufacturer/
Eastmoney.com. "Market Share of 5g Base Station Manufacturers in China in 2021." Statista, Statista Inc., 31 Oct 2021, https://www.statista.com/statistics/1194757/china-market-share-of-5g-base-stations-by-manufacturer/
Eastmoney.com, Market share of 5G base station manufacturers in China in 2021 Statista, https://www.statista.com/statistics/1194757/china-market-share-of-5g-base-stations-by-manufacturer/ (last visited August 15, 2022)