The Ban on Huawei Helped Revive Ericsson, but Landed CEO in a Tough Spot

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European companies feel the heat when their governments cross China. Swedish telecom giant Ericsson is a case in point.

Yet over the past few months, Ericsson Chief Executive Börje Ekholm has gone on a lobbying campaign—on Huawei’s behalf.

Mr. Ekholm met Swedish politicians to protest the way the country barred Huawei equipment from the country’s 5G networks over national-security concerns. He complained to journalists in Europe and China. He sought law firms to help Huawei fight the ban. Mr. Ekholm says that in an increasingly intertwined world he is just looking after his company’s interests. After the Swedish 5G ban, Beijing threatened to retaliate against Ericsson’s business in China, where it runs a major factory and gets 8% of its sales, versus 1% from Sweden.

“We depend on free trade,” Mr. Ekholm said in an interview. “It’s about having access to markets, and that is at the center of what we are.”

 

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ChinaRealTime

Well, the Chinese do only what they think is good for them. Which is something Western countries can hardly understand.

Yeah, but Ericssons the only one that cut a deal with HIllary Clinton while she was in the State Department, and is operating constitutionally illegal tech in the U.S. …. Huawei doesn't operate in the U.S…. Ericsson does.

Free market economy? It's a joke.

Sometimes freedom requires sacrifice. Too bad Ericsson’s CEO doesn’t share that value. One is worth far more than the other.

Economic decoupling from China will take some time, but be beneficial for us in the long run.🤔

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China is doing everything in its power to control information.

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I have worked for Huawei before and it's a shady company with little to no respect for customer care, their mentality is to hide any issues with their devices until it's impossible to keep the secret to their customers, plus it's a sweat shop environment.

As usual BulliesRuleHongKong ButchersRuleBeijing

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