https://apnews.com/a7f789aa5fc31768ee41fb20a2c85e66

STOCKHOLM (AP) — Swedish telecom equipment maker Ericsson has reported upbeat third quarter earnings, helped mainly by the rollout of 5G wireless networks in China and a strong U.S. market.

The Stockholm-based company said Wednesday that net profit for the July-September period was 5.6 billion kronor ($640 million), compared with a loss of 6.9 billion kronor the previous year. Sales were up 1% at 57.5 billion kronor.