Huawei 2016 numbers reveal the extent of Ericsson, Nokia and ZTE’s challenge

Giant telecoms vendor Huawei has published its annual report for 2016 and revealed it brought in more money than Nokia, Ericsson and ZTE combined.
Huawei group annual revenue was around $75 billion, compared to ~$26 billion for Nokia (including Alcatel Lucent), ~$24.5 billion for Ericsson and ~15 billion for ZTE.
One slight negative was declining profitability, with operating margin falling to 9.1% from 11.6% in 2015, but that’s still a lot better than its competitors and seems to be down