Ericsson sales drop again as component costs and network ‘pressure’ bite
Departing CEO Börje Ekholm warns rising component costs could see the vendor ‘pursue internal measures’ after laying off 1,600 staff
Departing CEO Börje Ekholm warns rising component costs could see the vendor ‘pursue internal measures’ after laying off 1,600 staff
European giant sees growth in the Americas
The RAN-focused investment will look at 5G and 6G opportunities
The company reported strong Q1 figures
Swedish media reports have suggested CEO Börje Ekholm could be heading for exit
Per Narvinger will replace Jejdling from next month
Overall sales for the year were down five percent
Sales in North America jumped by 55 percent YoY
Expects deal to complete next year
Company has booked two impairment charges since acquisition in 2022
Customer spending will increase later this year, vendor claims