Ericsson flags margin headwind over China 5G contracts, takes $108 million charge
https://www.reuters.com/article/us-ericsson-writedown/ericsson-flags-margin-headwind-over-china-5g-contracts-takes-108-million-charge-idUSKBN23F0KP
Ericsson's second-quarter results will take a hit of about 1 billion crowns ($108.8 million) due to write-downs of product inventory in the Chinese market, the Swedish company said on Monday.