Weaker US market hits Ericsson

Highlights

• Ericsson boosted by the roll-out of 5G
• New technology helped sales but increased costs

On Friday, Sweden’s Ericsson warned it faced higher costs this year sending its shares 7% lower. It was as it rolls out new 5G networks. It was also hit by a temporary slowdown in its U.S. market.  

Particularly in the United States, Ericsson....