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ERICSSON SALES HIT BY TOUGHER COMPETITION In the first article published on Ericsson’s results in FT, the paper writes that Ericsson posted an operating profit, excluding joint ventures and restructuring costs, of SEK4.5 billion (USD620 million). Sales fell by nine percent year on year, to SEK45.1 billion. Sales in the key network unit were down [...]

HTC SAYS US GROWTH TOPS RIVALS HTC’s CEO Peter Chou says growth in the US market is outpacing other smartphone manufacturers this year, indicating it has gained crucial brand recognition amid stronger support from US mobile operators, writes WSJ. HTC shipped 5.5 million to 6 million smartphones to the US market last year, according to [...]