Reuters exclusively reports Ericsson CEO to double down on China as 5G tussle rumbles on

Last Updated on 11/09/2021 by


Technology

In an interview with Reuters, Ericsson’s top executive Borje Ekholm vowed to double down on efforts to regain market share lost in China after Sweden blocked Chinese suppliers from its 5G roll-out, a move that antagonized Beijing and has hit the equipment maker’s business. China accounted for about 10% of Ericsson’s revenue last year, but that fell sharply after the company’s home country of Sweden banned Huawei from its 5G networks, citing security risks – a charge that Huawei has strongly denied.

Article Tags

Topics of Interest: Technology

Type: Reuters Best

Sectors: Technology

Regions: AsiaEurope

Countries: ChinaSweden

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story



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