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Helena Soderpalm

Sweden's Ericsson sees 220 million 5G subscriptions by year end

Nov 30 2020

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.

Ericsson shares fall after 2022 margin target left unchanged

Nov 10 2020

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.

Huawei appeals against 5G network ban in Sweden

Nov 06 2020

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.

Lost in translation: Amazon website launch trips over faulty Swedish

Oct 28 2020

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.

Customer information from Swedish security firm Gunnebo leaked by hackers

Oct 27 2020

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.

Electrolux raises market outlook after profit beats forecasts

Oct 23 2020

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.

Ericsson tops forecast on margin gains and 5G in China

Oct 21 2020

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.

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