Ericsson CEO Says More Cost Cuts Are Coming

The video discusses Ericsson's strategic focus on cost-cutting and investment in 5G technology. The CEO highlights the need to balance cost reductions with maintaining technological leadership. The company aims to manage unprofitable contracts and focus on profitability, with a forecasted decline in the equipment market. The network business remains stable, with a new radio platform expected to achieve significant market penetration.

What was highlighted as a necessity for Ericsson due to the challenges faced in the first quarter?

• Expanding into new markets

• Increasing marketing efforts

• Developing new products

• Implementing a more focused strategy

What is the main challenge Ericsson faces while investing in 5G technology?

• Balancing investment with cost-cutting

• Finding skilled workers

• Competing with new startups

• Expanding into new regions

How does Ericsson plan to maintain its technological edge in 5G?

• By acquiring smaller tech firms

• By halting investments in other areas

• By temporarily accepting higher costs

• By reducing all costs significantly

What is Ericsson's strategic forecast for the equipment market in 2017?

• Increase of 5 to 10%

• Growth of 10%

• Decline of 2 to 6%

• Stability with no change

What is Ericsson's focus to ensure future investments?

• Reducing workforce

• Expanding product lines

• Focusing on profitability

• Increasing market share