{"id":180313,"date":"2021-01-29T12:27:28","date_gmt":"2021-01-29T12:27:28","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=308179"},"modified":"2021-01-29T12:27:28","modified_gmt":"2021-01-29T12:27:28","slug":"ericsson-warns-on-china-reprisal-risk-from-huawei-ban","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/01\/29\/ericsson-warns-on-china-reprisal-risk-from-huawei-ban\/","title":{"rendered":"Ericsson warns on China reprisal risk from Huawei ban"},"content":{"rendered":"

<\/p>\n

\tEricsson CEO Borje Ekholm warned a decision in Sweden [1] to ban Huawei and ZTE’s 5G equipment could impact its business in China, during an earnings call in which it revealed a rise in Q4 profit on strong sales from its network division.<\/p>\n

Ekholm reiterated his vocal stance on the dangers of vendor bans [2], underlining the need for free competition and global collaboration on standards. Sweden’s decision “may create exposure for our operations in China”, he added.<\/p>\n

Fredrik Jejdling, head of Business Area Networks, told Mobile World Live although the ban was yet to result a \u201cmaterial impact\u201d on its business, it was in regular discussions with partners and customers in China.<\/p>\n

\u201cNeedless to say we are monitoring the situation very closely given the importance of China\u201d.<\/p>\n

\u201cWe\u2019re working to ensure we live up to obligations and control the pieces we can control in the situation.\u201d<\/p>\n

Ericsson won a significant amount of business from China\u2019s operators during 5G tenders, with the company noting the region was \u201ccritical\u201d [3] during its Q3 statement.<\/p>\n

Away from geopolitics, Ekholm noted the Covid-19 (coronavirus) pandemic had highlighted the need for resilient digital infrastructure, with more counties seeing 5G as a key technology.<\/p>\n

\u201cThe pandemic has exposed the digital divide and rapid deployment of 5G is a fast way to bridge the divide,\u201d he said, pointing to accelerated deployment efforts in Australia, the Middle East, North East Asia and the US.<\/p>\n

Numbers
\nEricsson recorded a 60 per cent year-on-year jump in net profit in Q4 to SEK7.2 billion ($864 million), with revenue up 5 per cent to SEK69.9 billion. The vendor noted it had improved margins across all segments.<\/p>\n

Revenue from its networks division increased 20 per cent, credited to improvements across 2020 on its 5G portfolio following SEK10 billion of R&D investments in the years from 2017.<\/p>\n

In its Digital Services division, the company noted it planned to begin generating cash from its cloud-native 5G products in the next 12 to 18 months, with deals described as “significant customer contracts” already in place.<\/p>\n

Ekholm noted Ericsson was gaining market share from all major competitors across its units.<\/p>\n

Looking to 2021, he added there was an expectation of continued business wins in Europe, though noted the pace of 5G rollout in the region continued to lag [4] some other areas.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/ericsson-chief-takes-huawei-fight-to-swedish-minister
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/ericsson-boss-backs-huawei-in-sweden-row
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/ericsson-buoyed-by-5g-cites-china-as-critical
\n[4] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/etno-flags-european-5g-lag<\/p>\n\n

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<\/p>","protected":false},"excerpt":{"rendered":"

Ericsson CEO Borje Ekholm warned a decision in Sweden to ban Huawei and ZTE\u2019s 5G …<\/p>\n

The post Ericsson warns on China reprisal risk from Huawei ban<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Ericsson warns on China reprisal risk from Huawei ban - ITTeacherITFreelance.hk","description":"Ericsson CEO Borje Ekholm warned a decision in Sweden to ban Huawei and ZTE\u2019s 5G ... The post Ericsson warns on China reprisal risk from Huawei ban appeared fir"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/180313"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=180313"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/180313\/revisions"}],"predecessor-version":[{"id":180314,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/180313\/revisions\/180314"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=180313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=180313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=180313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}