Ericsson disagrees with Huawei ban in Sweden

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Ericsson disagrees with Huawei ban in Sweden
 © CyprusMail 2020
In what can be misconstrued as a fairly vacuous or naive expression of sportsmanship, Stockholm-based multinational networking and telecommunications company Ericsson has stated that moving ahead with the ban of Chinese technology company Huawei is harmful to both trade as well as free competition.

The head of Ericsson CEO Borje Ekholm told the Financial Times, that while the company may directly benefit from the ban, the lack of competition may have adverse effects on the company’s evolution in the future.

“I belong in that category that believes competition makes us longer term a better company....


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Ericsson disagrees with Huawei ban in Sweden


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Article Tags: ericsson, disagrees, huawei, sweden,