5G Infrastructure Vendors - Are They Immune To Recession?
Overview:
Nordic vendors Ericsson and Nokia had a good second quarter, buoyed by favourable currency conditions, particularly in the US, their biggest market. Both vendors remain bullish for the rest of 2022 and into 2023.
Even so, a deteriorating macro environment could dampen customer demand over the next few months, particularly in emerging markets where currency fluctuations could impact the affordability of 5G products typically priced in dollars or euros. In addition, both vendors are expected to experience other headwinds, including inflation, higher R&D costs, etc. throughout the remainder of 2022 and into 2023.
...Existing Subscriber?
Sign in to continue reading
New to Counterpoint?
Register to our service
Category
Contact us
Author
Gareth Owen
Gareth has been a technology analyst for over 20 years and has compiled research reports and market share/forecast studies on a range of topics, including wireless technologies, AI & computing, automotive, smartphone hardware, sensors and semiconductors, digital broadcasting and satellite communications.
