Article: Optical network hardware market up 5 percent 4Q08, with biggest gains by Huawei, ZTE, Nortel.(MARKET INTELLIGENCE)

Communications market research firm Infonetics Research released the fourth-quarter (4Q08) edition of its Optical Network Hardware report. Highlights from the market research report follow.

-- Worldwide optical network hardware sales increased 5 percent to $4.0 billion in 4Q08 over 3Q08.

* The lower-than-usual fourthquarter increase is partly due to the economic slowdown but also to devaluation of the euro versus the U.S. dollar.

-- For the year, the optical network hardware market is up 8 percent (also impacted by currency devaluation), driven by traffic pressures, long-haul build-outs, WDM investments, and very strong results posted by Huawei ...

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