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.

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.

In 2014, China was the second largest market for Ericsson in terms of sales, contributing 6 percent of total sales of the Ericsson Group.

- Ericsson has strengthened its market share in China by winning 5G contracts with all three major operators- The overall 5G business in China 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 ...

More worryingly, Ericsson's challenges in China may continue over the long term. Beyond the delayed deployments in the area, the outcomes of the various tenders for the deployment of 5G in China ...

China may retaliate against Nokia, Ericsson if EU countries move to ban Huawei EU's biggest country, Germany, isn't expected to decide whether to allow Huawei its 5G networks until September at ...

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 ...

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