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Ericsson s quarterly profit misses as China casts shadow

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

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