Huawei Gains Switch Share
Huawei's Ethernet switch revenue increased 33.2 percent year over year in the first quarter to $211 million. The vendor now owns nearly 4 percent of the switching market, compared with 2.8 percent a year ago.
For Cisco's recent third fiscal quarter, the company reported a 3 percent decline in switching – Cisco's largest revenue stream – to $3.45 billion. The company also reported a 4 percent decline in switching during its second fiscal quarter as well.