Steadily growing demand for faster enterprise wireless LANs in the next four years is expected to drive up sales of both Wi-Fi gear and a new type of Ethernet for connecting next-generation access points.
Passing the second anniversary of the Great Recession's market low this week, the technology sector remains a pillar for corporate revenue and investor confidence, as industry bellwethers like IBM and Apple make impressive share gains.
Demand for high-speed links to cell sites and homes will rejuvenate sales of optical network equipment this year and help to create a US$16.6 billion worldwide market for it by 2014, according to research firm Dell'Oro Group.
Huawei Technologies, the fast-growing Chinese vendor of communications network gear, reached global contract sales of over $US30 billion last year, the company said Tuesday, marking a rise of nearly 30 percent from the year before.