Home › Ericssons Chinese woes laid bare in latest results
 

Keywords :   


Ericssons Chinese woes laid bare in latest results

2021-10-19 02:00:00| Total Telecom industry news

Ever since Sweden banned Huawei and ZTE from its upcoming 5G networks back in October 2020, Ericsson’s future in China has been put under the microscope. Since then, the vendor’s market share in China has collapsed, with sales for Q3 2021 today revealed to have fallen 74% year-on-year to just $150.3 million. As a result of this continuous decline, Ericsson has now announced that it will be rethinking its approach to the Chinese market, likely including downsizing operations in the near future…read more on TotalTele.com »

Tags: results latest chinese laid

Category:Telecommunications

Latest from this category

All news
12.12AI in Financial Services 2025: Turning Intelligence Into Impact
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
Telecommunications »
18.12Faisal Islam: Will 'Santa rate cut' have enough festive spirit to boost the economy?
18.12National Stewardship Action Council Marks Decade of Circular Economy Leadership with Release of a Decade of Impact
18.12New Guide Lays Out Best Practices for Future-Proofing MRFs
18.12What Tyson beef plant closure means for cattle producers
18.12Why gilt ears are important for selection into the breeding herd
18.12Development Possibilities: Why Recycling Depends on Strong End Markets
18.12West Suffolk Council Plan to Reopen Recycling Center in Newmarket
18.12Compost Market Competition Analysis 2025: How Players Are Shaping Growth
More »