Ericsson released solid Q3 results. As a reminder, the Chinese ban on the Swedish Telecom Equipment manufacturer has been the reason for the recent poor momentum, down 20% since mid-April. These results could change this as Ericsson has proved that it doesn’t need China to generate strong margins.
19 Oct 2021
Q3 21: China's impact offset by strong US momentum
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Q3 21: China's impact offset by strong US momentum
Telefonaktiebolaget LM Ericsson (ERIC-B:STO), 0 | Telefonaktiebolaget LM Ericsson Class B (ERIC.B:OME), 0
- Published:
19 Oct 2021 -
Author:
Romain Pierredon -
Pages:
3
Ericsson released solid Q3 results. As a reminder, the Chinese ban on the Swedish Telecom Equipment manufacturer has been the reason for the recent poor momentum, down 20% since mid-April. These results could change this as Ericsson has proved that it doesn’t need China to generate strong margins.