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Ericsson improves sales, margin targets as 5G roll-out takes off

2019-10-17 08:45:00| Telecompaper Headlines

(Telecompaper) Ericsson has lifted its sales target for 2020 on a faster-than-expected expansion of the 5G market and said it also targets a higher margin from 2022 thanks to investments in growth. The new forecasts came alongside third-quarter results showing a small slowdown in organic growth and losses due to its legal troubles with US authorities. 

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UPM Raflatac appoints names new areas sales director

2019-10-16 16:15:00| Label and Narrow Web Breaking News

Christian Szameit will cover the Western United States and Western Canada.

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Broadcom told to change sales practices after EU finds competition violations in STB, modem chip market

2019-10-16 11:49:00| Telecompaper Headlines

(Telecompaper) The European Commission has ordered Broadcom to change its sales practices after finding the company abused its dominant position in the market for set-top box and modem chips. The company has 30 days to stop the anti-competitive practices and inform customers, and Broadcom could face further penalties once the Commission completes its investigation. 

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Huawei maintains sales growth in Q3, smartphone shipments up 26% year to date

2019-10-16 10:37:00| Telecompaper Headlines

(Telecompaper) Huawei maintained sales growth in the third quarter, despite the US ban on doing business with the company. The company reported revenues for the first nine months of 2019 up 24.4 percent year-on-year to CNY 610.8 billion, a small improvement from the 23.2 percent growth in the first half of 2019. 

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Sales of BMW Group electrified vehicles up 10.1% in September, down 1% year-to-date

2019-10-14 09:55:46| Green Car Congress

Tags: group september sales vehicles

 

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