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