Home › Ericsson announces SEK 1 bln write-down for 5G inventory in China in Q2
 

Keywords :   


Ericsson announces SEK 1 bln write-down for 5G inventory in China in Q2

2020-06-08 09:32:00| Telecompaper Headlines

(Telecompaper) Ericsson said it will write down approximately SEK 1 billion worth of pre-commercial product inventory for the Chinese markets in the second quarter. This will be reported under the Networks segment and will affect the gross margin. The vendor still maintains its financial targets for 2020 and 2022.

Tags: in china inventory ericsson

Category:Telecommunications

Latest from this category

All news
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
Telecommunications »
06.12Introducing USMEFs new chair
06.12This Week in Agribusiness, December 6, 2025
06.12This Week in Agribusiness, December 6, 2025
06.12Warm Welcome hubs an 'important' helping hand
06.12FFA Chapter Tribute: Megan Wilde, Santa Maria, Calif.
06.12FFA Chapter Tribute: Megan Wilde, Santa Maria, Calif.
06.12Failed Sarah Ferguson-backed app received 1m taxpayers' money
05.12Five takeaways from the blockbuster Netflix Warner Brothers deal
More »