Ericsson's China ambitions in jeopardy over Sweden's Huawei ban

An upcoming court decision that will decide the future role Huawei (HWT.UL) can play in Sweden could also be a potential turning point for national champion Ericsson’s (ERICb.ST) ambitions in China.The case stems from the Swedish government’s decision last October to ban Huawei from supplying 5G equipment due to security concerns. Huawei sued to overturn the decision and a verdict is expected in the next few weeks.

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