Article 54F05 Ericsson warns of £85.7m inventory hit for Q2 due to carrier handouts in China

Ericsson warns of £85.7m inventory hit for Q2 due to carrier handouts in China

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from The Register on (#54F05)
One-off cost won't derail financial targets

Ericsson has warned investors that its Q2 results will be dented by SEK 1bn (around 85.7m) in costs after it wrote down the value of its inventory held in mainland China....

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