Ericsson lags profit expectations as AI demand drives up chip bill
By Gianluca Lo Nostro and Agnieszka Olenska April 17 (Reuters) – Sweden’s Ericsson reported a first-quarter core profit that slightly…
Tag: Ericsson
Ericsson First-Quarter Profit Misses Estimates on Sluggish Sales
Ericsson AB earnings missed analysts’ forecasts in the first quarter, as the Swedish company struggled in a weak market for…
Ericsson CEO: EU’s Tech Sovereignty Push Is ‘Dangerous’
Borje Ekholm, CEO of Ericsson, discusses fourth-quarter earnings, its first-ever buyback and European tech dependency. He says the EU’s push…
Ericsson Plans to Cut 1,600 Jobs in Sweden in Cost-Cutting Push
Ericsson AB plans to cut about 1,600 jobs, as the Swedish network equipment supplier looks to reduce its operational costs.…
Vodafone Picks Ericsson, Nokia for £2 Billion Network Buildout
VodafoneThree picked Ericsson AB and Nokia Oyj for a £2 billion ($2.7 billion) contract to expand the newly formed mobile…
Super Micro Computer Just Struck a Deal with Ericsson. Should You Buy SMCI Stock Here?
Super Micro Computer Inc logo on building-by Poetra_RH via Shutterstock Valued at a market capitalization of $24.4 billion, Super Micro…