Ericsson targets $1.2bn cost reduction by mid-2018 Swedish telecom equipment vendor Ericsson plans to reduce costs by at least SEK 10 billion (around $1.2 billion) by mid-2018…
Ericsson’s financial situation deepens with $1.8bn write-down Ericsson released a statement on January 16 noting that it will book SEK 14.2 billion (US$ 1.77 billion) in write-downs…