Ericsson warns of £85.7m inventory hit for Q2 due to carrier handouts in China

One-off cost won't derail financial targets

Ericsson has warned investors that its Q2 results will be dented by SEK 1bn (around £85.7m) in costs after it wrote down the value of its inventory held in mainland China.…

via The Register - Data Centre: Networks
https://go.theregister.com/feed/www.theregister.com/2020/06/08/ericsson_q2_trading_update/