STOCKHOLM Sweden's Ericsson on Monday raised its global forecast for 5G mobile subscriptions to 220 million by the end of this year, citing faster than expected uptake in China.
STOCKHOLM Ericsson on Tuesday set some new long-term financial goals but left its 2022 operating margin target unchanged, driving down the telecom equipment maker's shares.
STOCKHOLM Huawei has appealed against Sweden's decision to exclude the Chinese telecoms equipment maker from 5G networks, the Swedish telecoms regulator PTS said on Friday.
STOCKHOLM Amazon.com Inc's long-awaited launch of its Swedish website on Wednesday was marred by glitches and translation errors, including mistaking the Argentinian flag for Sweden's.
STOCKHOLM Swedish security firm Gunnebo said on Tuesday it was in contact with customers after hackers had released sensitive information about their accounts after its system was compromised two months ago.
STOCKHOLM A pick-up in demand for fridges and washing machines among housebound consumers during the pandemic helped Electrolux beat profit forecasts on Friday and post its highest quarterly margin ever.
STOCKHOLM Telecoms equipment supplier Ericsson beat quarterly core earnings forecasts on Wednesday, helped by higher margins and China's 5G rollout, and said it was "more confident" about meeting its 2020 targets.