Ericsson CEO on 3Q Earnings, China, Supply Chain Disturbance

Ericsson CEO on 3Q Earnings, China, Supply Chain Disturbance

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Business

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Ericsson's CEO discusses the company's Q3 performance, highlighting strategies that helped maintain gross margins despite challenges like supply chain issues and reduced sales in China. The company focused on R&D investments and market expansion in other regions, such as Malaysia and the US. Supply chain disruptions were managed with inventory strategies, though some component shortages were noted. Geopolitical tensions in China remain a challenge, but Ericsson is committed to regaining its market position there. Shareholder payouts and future M&A activities are also considered as part of the company's growth strategy.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How much sales loss did Ericsson experience in China during the third quarter?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did R&D play in Ericsson's performance during the quarter?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies did Ericsson implement to maintain its gross margin during the third quarter?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did Ericsson face in its supply chain during the quarter?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions is Ericsson taking to address supply chain disturbances?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How is Ericsson planning to regain its footprint in China?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Cradle Point acquisition for Ericsson?

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