Ericsson’s Networking Not Working for Imports, Yet — Panjiva


Ericsson’s Networking Not Working for Imports, Yet

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Ericsson has restructured its operations to better pursue phone network growth opportunities ahead of its 1Q results. Panjiva data shows U.S. imports of phone network equipment increased 19% in the first quarter of 2017 on a year earlier. Yet, Ericsson’s U.S.-bound shipments fell 12% on a year earlier after a marked slowdown in February. Nokia, its largest competitor, saw a 64% drop, likely reflecting restructuring after its purchase of Alcatel-Lucent. Ericsson also lagged competitor Huawei, which fell 7% but is facing bigger problems in its Chinese export business. There it is being ove...

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