
Ericsson reported Q4 2020 sales of SEK 69.6 billion (approximately US$8.325 billion), up by 13% YoY mainly driven by sales in North East Asia, Europe and North America, when adjusted for comparable units and currency. Reported net income was SEK 7.2 (4.5) b.Börje Ekholm, President and CEO of Ericsson, states "Our R&D investments have continued to drive both technology leadership and cost efficiency which have led to increased market share and...