Monday, August 2, 2021

Ericsson gets 5G radio contracts in China, Nokia disappoints: Sources

Nokia, which was expected to take away Ericsson's market share in China, did not receive any share, according to a tender document published by the Chinese companies. https://ift.tt/2Vf0k4v

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...