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News 2026-07-14 08:51 UTC

Ericsson Shares Drop as First-half Net Income, Sales Fall Amid Rising Component Costs

() -- Telefonaktiebolaget LM Ericsson (ERIC-B.ST, ERIC-A.ST) shares fell sharply on Tuesday morning after the telecommunications equipment maker reported lower first-half net income and sales, while warning that rising component costs will pressure margins in its networks business. Ericsson's attributable net income fo