Ericsson reports profit leap, shares slump
Swedish telecom equipment maker Ericsson reported Thursday a 65 percent jump in second quarter net profit on strong sales but this still fell short of expectations and its shares slumped.
Swedish telecom equipment maker Ericsson reported Thursday a 65 percent jump in second quarter net profit on strong sales but this still fell short of expectations and its shares slumped.
Business
Jul 21, 2011
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Chinese telecom equipment maker ZTE has rejected charges by its bigger rival Huawei Technologies, which is suing ZTE in three European countries for alleged patent and trademark infringements.
Business
Apr 29, 2011
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