Ericsson flags losses from China 5G contracts, takes 1 billion SEK charge
Ericsson expects to take a second-quarter writedown of about 1 billion crowns ($109 million) on product inventory in China, the Swedish telecoms gear maker said on Monday. [Source]
Publication Date:Origin: reuters.com
Category: technologyNews
Topics: billion, China, Ericsson, maker, telecoms, Swedish, inventory, product, million), ($109, crowns, writedown, second-quarter, expects, charge, takes, contracts, losses, flags