Nokia vs ZTE
Both are primarily Networking & Systems companies. Nokia is larger by market cap ($56.8B vs $20.8B). Nokia reports higher tracked revenue ($21.5B vs $20.0B).
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Side-by-side
| Nokia | ZTE | |
|---|---|---|
| Market cap | $56.8B | $20.8B |
| Revenue | $21.5B (FY2025) | $20.0B (FY2025) |
| Primary segment | Networking & Systems | Networking & Systems |
| Market position | major | major |
| Country | Finland | China |
| Tracked suppliers | 5 | 7 |
| Tracked customers | 3 | 0 |
| Chokepoint / criticality | 68/100 | 0/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-10-09. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How Nokia and ZTE compare
- Size: Nokia is the larger company by market cap.
- Revenue: Nokia reports higher tracked revenue.
- Supply-chain criticality: Nokia has the higher chokepoint score (68/100 vs 0/100).
- Footprint: Nokia (Finland) vs ZTE (China).
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Cite as: wafergraph, “Nokia vs ZTE”, https://wafergraph.com/compare/nokia-vs-zte (data as of 2026-10-09).
Frequently asked questions3
- Is Nokia bigger than ZTE?
- Nokia is larger by market cap ($56.8B vs $20.8B).
- What's the difference between Nokia and ZTE?
- Nokia is a major in Networking & Systems based in Finland; ZTE is a major in Networking & Systems based in China. Both operate in the AI & Data Center segment.
- Who are Nokia's and ZTE's suppliers?
- wafergraph tracks 5 suppliers for Nokia and 7 for ZTE — Nokia's include UNISOC; ZTE's include Goodix Technology, Allwinner Technology.