Ericsson's quarterly profit misses as China casts shadow
Toggle share menu
Advertisement
Ericsson's quarterly profit misses as China casts shadow
Sweden's Ericsson on Friday reported second-quarter core earnings below market estimates, as strong sales of 5G equipment in most markets was offset by a decline in sales in mainland China
FILE PHOTO: An Ericsson logo is pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. REUTERS/Aly Song
16 Jul 2021 01:20PM
(Updated:
16 Jul 2021 01:25PM)
Share this content
Bookmark
STOCKHOLM -Sweden's Ericsson on Friday reported second-quarter core earnings below market estimates, as strong sales of 5G equipment in most markets was offset by a decline in sales in mainland China