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Chinese Huawei challenges Ericsson as the Chinese get nearer


  

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Monday, 15 August 2011
Ericsson's competitor, Chinese Huawei, reports a sales increase of eleven percent to the equivalent of almost Skr100 billion during the first half. Ericsson had sales of 108 billion.

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The operating profit of the world's second largest manufacturer of telecommunications equipment landed at about Skr12 billion.

In a statement, maintains its management to the sales target of around Skr200 billion for the full year 2011 remains unchanged.
By Scancomark.se Team


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