- The telecommunications company Ericsson is now making a new assessment of the consequences for the company’s business in China after the Swedish Post and Telecom Agency (PTS) excluded Chinese suppliers such as Huawei from the Swedish market.
- The risk has increased that Ericsson will have a significantly lower market share compared to the current market share, Ericsson writes in a press release.
- “If it’s just a lower volume, it’s still quite okay, if you end up on a blacklist or similar, it will be much tougher,” says Daniel Djurberg, equity analyst at Handelsbanken.
Source: ICELAND NEWS