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
10.02Turning AI into Measurable Outcomes with Private Cloud
06.02How Proactive Threat Hunting Stopped INC Ransom Before the Alert
06.02Rackspace Technology at ViVE 2026
04.02Getting Started With AI: A Practical Path Forward
Telecommunications »
18.02Illegal skin lightening cream being sold in UK butchers, watchdog warns
17.02I invested 12,000 in Brewdog - I think I've lost it all
17.02How do consumer perceive regenerative agriculture?
17.02Five indicted for alleged $220M cattle fraud scheme
17.02Bayer offers $7.25bn to settle weedkiller cancer claims
17.02Dual nationals face scramble for UK passports as new rules come into force
17.02Why youth unemployment is rising
17.02Shein under EU investigation over childlike sex dolls
More »