--China is limiting the use of European telecom equipment suppliers Nokia and Ericsson in its national networks as part of President Xi Jinping's strategy to make the country's critical technology infrastructure independent of Western influence, the Financial Times says, citing unnamed sources.
--Chinese state-backed buyers of IT equipment have been intensifying their scrutiny of foreign bids, with Ericsson and Nokia contracts required to be submitted for national security reviews by the Cyberspace Administration of China, the people said, according to FT.
--The mounting sales restrictions have reduced Ericsson's and Nokia's combined market share in China's mobile telecoms networks to about 4% last year from 12% in 2020, FT reports.
--Ericsson and Nokia both declined to comment and the Cyberspace Administration of China didn't respond to a request for comment, FT adds.
Full story: https://tinyurl.com/4a9wr3f3
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
October 02, 2025 01:44 ET (05:44 GMT)
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