Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally. The employees impacted would be in its core network ...

Authorities in China are investigating Swedish telecom-equipment giant Ericsson while the firm’s Chinese rival, Huawei Technologies, moves to counter a U.S. campaign to limit its business, the ...

Sweden's Ericsson announced on Tuesday plans to reduce its operations in China after suffering a big sales drop in one of its biggest markets due to retaliation for Sweden's ban on China's Huawei ...

An upcoming court decision that will decide the future role Huawei (HWT.UL) can play in Sweden could also be a potential turning point for national champion Ericsson's (ERICb.ST) ambitions in China.

- Ericsson has strengthened its market share in China by winning 5G contracts with all three major operators - The overall 5G business in China is expected to have a healthy profitability and is ...

LONDON (MarketWatch) -- Swedish telecoms equipment maker Ericsson SE:000010685 ERICY has signed a strategic agreement with China's largest-listed telecommunications manufacturer Zhongxing Telecom ...

Ericsson's footsteps in China More than 40 percent of the world's mobile traffic goes through Ericsson networks and Ericsson supports customers' networks serving more than 2.5 billion subscribers.

Underperformance in China. Overall, Ericsson had a good second quarter. Revenue declined 1% year over year to 54.9 billion Swedish krona ($6.32 billion).

Ericsson has a manufacturing site and research-and-development facilities in China, and about 14,000 employees in its North East Asia region, which includes China, Japan, South Korea and Taiwan. U ...

China Mobile and Ericsson have joined forces to trial the City Site, a four meter tall panel that includes a base station and an antenna customized for hotspot coverage.

STOCKHOLM (Reuters) – Sweden’s Ericsson announced on Tuesday plans to reduce its operations in China after suffering a big sales drop in one of its biggest markets due to retaliation for ...