24 Apr 2015
STOCKHOLM - Mobile telecoms equipment maker Ericsson posted a surprise fall in profits on Thursday and warned of continued weak profitability as spending by U.S. network operators remains sluggish, forcing it to rely on China, where margins are lower.
* Q1 op profit 2.1 bln SEK vs forecast 3.3 bln in Reuters poll
* Ericsson, Bilfinger slump; Michelin surges (Updates prices)
LONDON, April 23 - European shares slipped on Thursday, with Germany's DAX index underperforming following a disappointing purchasing managers' survey while weak results from Ericsson hit technology stocks.
LONDON, April 23 - European shares gave up early gains on Thursday after a survey showed growth in Germany's private sector slowed and French business activity barely grew in April.
* Says Nokia, Alcatel-Lucent merger logical step, Ericsson will focus on executing its own strategy. Further company coverage:
* CEO says ambition in patent dispute with Apple is to settle outside court. Further company coverage:
STOCKHOLM, April 23 - Mobile telecom equipment maker Ericsson posted first-quarter operating profit below market expectations on Thursday and said it expected the fast rollout of 4G networks in China to continue while business in North America would remain slow in the short term.
* Says Intel security collaborates with Ericsson to bring managed security to telecom operators
STOCKHOLM, April 15 - Sweden's Ericsson , the world's biggest maker of mobile telecoms equipment, will probably have to expand its range of fixed line products to defend its turf following Nokia's purchase of Alcatel-Lucent.