Tag Archives: Ericsson

Apple, Others Warn EU Over Patent Fees Guidelines That Favour Qualcomm, Ericsson

Apple, Volkswagen, BMW, and Daimler have warned EU regulators that adopting patent fee guidelines which favour Qualcomm and Ericsson could hurt consumers and hinder innovation. The companies’ lobbying group, the Fair Standards Alliance (FSA), voiced their concerns in a letter dated Oct. 16 to European Commission President Jean-Claude Juncker, Competition Commissioner Margrethe Vestager, Industry Commissioner Elzbieta Bienkowska and their colleagues. The move comes as the EU… Read More »

Ericsson warns of 94% dive in profit as sales fall

Shares in Ericsson have dived after the Swedish telecoms company warned profits would be down by 94% for the third quarter. The stock slumped 16.7% in morning trading, wiping billions of dollars off the firm’s market value. Ericsson is struggling with weak demand for its mobile network equipment and fierce competition in some markets. It said quarterly income… Read More »