CSFB lowered estimates on Ericsson for 2008 by more than 5% due to slower revenue growth and potential market share losses, and on ALU due to the impact of currency and continued sluggish CDMA market.
RBC downgraded Motorola to sector perform due to slower-than-expected recovery.
Huawei recorded $16bn (+45%) orders in 2007, and get ranking in the top five telecom equipment vendors. Sales amounted to about $10bn with 70% overseas.
ZTE could announce 2007 sales of about $7bn.