Ericsson's second quarter profit increased 154% year on year
Xinhua Stockholm on July 23 (Xinhua Wu Ping) in the world mobile communication equipment giant Ericsson of Sweden published on 23 performance report shows that operating costs decreased by factors, such as Ericsson's second quarter 2010 earnings significant increase over last year 154%.
Ericsson second-quarter net profit of SEK 2.0 billion (1 U.S. dollar equals 7.3 SEK), with 800 million kronor a year earlier increase of 154%.
However, the Ericsson global sales in the second quarter, only 48 billion kronor, down 8% from a year earlier.
Ericsson president 汉斯韦斯特贝 in that compared with last year, the world's telecom market has not significantly changed during the first half of this year. In addition to North America, the second quarter, Ericsson's sales in the rest of the world have declined.
Westerberg to Ericsson's second quarter profit increase thanks to the company introduced the first quarter of last year's austerity plan. Quarterly Bulletin revealed that the second quarter, Ericsson's operating costs lower than the year nearly 10 billion kronor. Westerberg said the austerity plan to achieve the expected goal.
