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
10.02Turning AI into Measurable Outcomes with Private Cloud
06.02How Proactive Threat Hunting Stopped INC Ransom Before the Alert
04.02Getting Started With AI: A Practical Path Forward
02.02Community Impact 2025: A Global Year of Giving Back
Telecommunications »
14.02This Week in Agribusiness, February 14, 2026
14.02This Week in Agribusiness, February 14, 2026
14.02Rising vet costs leave charity with 400k bill
14.02Is dining out dying out?
13.02Heathrow not crowded but people walk in 'wrong place', says boss
13.02Amazon's Ring ends deal with surveillance firm after backlash
13.02Andrew facing claim he shared Treasury document with banking contact
13.02Head of Dubai-based ports giant quits after Epstein links revealed
More »