Ericsson's net sales falls by 3 percent


(MENAFN) Sales of the Swedish telecom-equipment maker Ericsson have decreased in three months to September after the activity weakness in North America and Japan, which also affected the country's currency, according to Arab News. Stockholm Stock Exchange reported that Ericsson saw a drop in share value of more than 6.0 percent. The company's net sales dropped by 3 percent in the same quarter compared to last year, reaching USD8.3 billion.


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