Ericsson to invest US$2.6 billion in China in the next five years

Liu Chih-chiang, Taipei; Juliet Tzou, DIGITIMES Asia Monday 12 November 2001 0

Given China’s rapidly developing telecom market, Ericsson president and CEO Kurt Hellström said the company would double its investment in China within the next five years to US$5.1 billion.

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