Telecommunications Equipment
Industry Description
The US telecommunications equipment manufacturing industry includes about 1,500 companies with combined annual revenue of $65 billion. Major companies include 3Com, Cisco Systems, and Motorola, as well as the US operations of foreign companies such as Alcatel-Lucent, Nokia, NEC, and Siemens. The industry is highly concentrated: the 50 largest companies generate about 75 percent of revenue.
SIC: 3571, 3577, 3661, 3663, 3669, 3674, 3679, 5045 | NAICS: 334111, 334119, 334210, 334220, 334290, 334310, 334413, 334511, 335921, 423430
Related Industries:
Electronic Components & Semiconductor Manufacturing, Glass & Clay Product Manufacturing, Electronic Component Distribution & Support, Telecommunications Services, Computer HardwareTop 5 Companies
| Company | Sales | Location |
| Nokia Siemens Networks B.V. | 18,021.06M | Zoetermeer, The Netherlands |
| Huawei Technologies Co., Ltd. | 15,311.29M | Shenzhen, Guangdong |
| Ericsson AB | 13,933.52M | Kista, Stockholm |
| Nokia Telecommunications Ltd. | 13,153.37M | Beijing, China |
| Zhongxingxin Telecom Equipment Co., Ltd. | 4,794.56M | Shenzhen, China |
Trends
Multi-Media Network Consolidation - The migration to a consolidated public telephone system that...
Industry Indicator
US corporate profits, an indicator of corporate demand for telecommunication equipment, jumped 34 percent in the first quarter of 2010 compared to the same period in 2009.
Quarterly Industry Update
Smart Phones to Overtake Ordinary Cell Phones - US smart phone sales are expected to outpace those of ordinary cell phones by third quarter 2011, according to Nielsen. Handsets such as Research in...