Exclusive-Ericsson CEO to double down on China as 5G tussle rumbles on By Reuters
By Supantha Mukherjee STOCKHOLM (Reuters) - Ericsson (BS:ERICAs)'s top executive vowed to double down on efforts to regain market share lost in China after Sweden blocked Chinese suppliers from its 5G roll-out, a move that antagonised Beijing and has hit the equipment maker's business. China accounted for about 10% of Ericsson's revenue last year, but that fell sharply after the company's home country of Sweden banned https://www.reuters.com/article/sweden-huawei-int-idUSKBN2750WA Huawei from its 5G networks, citing security risks - a charge that Huawei has strongly denied https://www.reuters.com/article/sweden-5g-huawei-idUKKBN28H1L0. Ericsson was awarded https://www.reuters.com/article/ctech-us-china-5g-nokia-idCAKBN2EP17O-OCATC about 2% of China Mobile's 5G contract, down...
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