Ericsson dialed into 5G growth as Trump hangs up on Huawei — Panjiva
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Ericsson dialed into 5G growth as Trump hangs up on Huawei

China 3048 European Union 878 Info Tech - Comms Equip 262 Mexico 928 Sanctions 170 U.S. 5399

Ericsson is experiencing a boom in business installing 5G telecoms networks in the U.S. as a result of the Trump administration’s action to limit Huawei’s activities. U.S. imports of 5G network equipment have yet to take off versus prior periods of spending though. Imports in the 12 months to April 30 were $444 million versus a prior peak of $1.15 billion in 2010 for the 4G/LTE roll out. Ericsson has diversified its supplies to the U.S. Imports from Mexico accounted for 53.2% of the shipments to the U.S. linked to Ericsson in the 12 months to April 30 while Europe accounted for 29.7%. Sh...

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