Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand. The company’s stock had edged up near 9% at 8:28 a.m. London time, before lightly paring gains to 7.6% at 9:52 a.m. Ericsson on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion...
Apple’s iPhones have been criticized for existing within a “walled garden” and commanding a high price in exchange for entry. And while the big tech companies are competing with the latest smartphones from the likes of Google, Apple, and Samsung, there might be competition from an unexpected place: the “dumbphone.” These phones, which usually go...
BARCELONA, SPAIN – FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images) Xavi Torrent | Getty Images News | Getty Images Shares of Finnish telecom firm Nokia tumbled on Thursday after the company reported a 32%...
A senior executive at Chinese smartphone maker Honor stressed the important link between ESG and the firm’s plans for an initial public offering during a discussion at CNBC’s East Tech West conference in the Nansha district of Guangzhou, China. “ESG is embedded into the company’s DNA since … day one,” Martin Xu, who is corporate...