Marc Cabi
Marc Cabi
anticipate continue december fire further growth improvement key limited plague plant revenue september situation
Handsets continue to plague Ericsson. A manufacturing plant fire at a key LCD supplier for Ericsson's high-end handsets limited revenue growth and severely impacted profitability ... We anticipate a further weakening situation in September before incremental improvement in the December quarter.
cautious december guidance reduced visibility
After this quarter's shortfall on already reduced guidance, we are cautious about the visibility for the December forecast.
carriers caused declined government illegal korean market net october paid previous subscriber total
Total net subscriber additions for the Korean market declined from 550,000 and 417,000 in October and November, respectively, to 164,000 in December. The slowdown was caused in part by a government investigation of illegal handset subsidy payments allegedly paid by carriers in previous months.