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Huawei’s Pain Is Increasingly Others’ Gain

June 7, 2019

Ciena, Cisco, and networking equipment vendors likely to benefit from scrutiny surrounding China-based company

Fiber-optic and networking vendor Ciena posted its best quarterly results and stock gain in 18 years as more companies are embracing its products for telecom and data link needs. While the company isn’t saying pressure on Huawei is directly benefiting its sales, market watchers believe the increasing pressure on the China-based conglomerate will cause more enterprises and carriers to rethink their product sourcing strategies.