Ericsson to pay 80 million euros after settling damages claim with Nokia

Reuters2021-05-12

STOCKHOLM, May 12 (Reuters) - Telecoms gear maker Ericsson

has reached an agreement with Finland's Nokia

to pay a settlement of 80 million euros ($97.0 million), it said on Wednesday.

Ericsson said the settlement would impact operating profit (EBIT) by 80 million euros and cashflow by 26 million euros in the second quarter.

"The amount reflects uncertainty, risk, expense, and potential distraction from business focus associated with a potentially lengthy and complex litigation," it said in a statement.

The Swedish company added that the remainder of the settlement amount would be made in similar installments in 2022 and 2023 respectively, impacting cash-flow.

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精彩评论

invest4value
2021-05-12
invest4value
Glad that it's settled.
invest4value
2021-05-12
invest4value
Glad that it's settled.
WildFoE
2021-05-12
WildFoE
[Anger]
Jayb2w
2021-05-12
Jayb2w
PleaseReply and commetn
- chubzchubx:
  comment back plz
- Brugelion:
  Back
- chubzchubx回复Brugelion:
  hello
Naux
2021-05-12
Naux
like and comment
- chubzchubx:
  comment back plz
投资J
2021-05-12
投资J
wow nokia strong!!

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plz"}],"langContent":"EN"},{"id":193526033,"gmtCreate":1620801451722,"gmtModify":1634196183625,"author":{"id":"3566770787001950","authorId":"3566770787001950","name":"投资J","avatar":"https://static.tigerbbs.com/6055f88fd95fa810a6aac82317347ee2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3566770787001950","authorIdStr":"3566770787001950"},"htmlText":"wow nokia strong!!","listText":"wow nokia strong!!","text":"wow nokia strong!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193526033","repostId":2134696001,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":10,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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