Ericsson swung but Huawei overtook

February 2 News, Ericsson released the fourth quarter during the Spring Festival report, its annual net sales of SEK 227.4 billion (about 35.3 billion U.S. dollars, flat with 2012), net profit of SEK 12.2 billion (2012 5.9 billion SEK). Ericsson has profited from the huge losses of the same period in 2012, benefiting mainly from Samsung's large patent-related payments. "2013, considering the exchange rate factor, Ericsson's annual sales grew 5% per cent year-on-year, according to the comparable unit," said Hans Vestberg, president and CEO of Ericsson Vestberg. We have successfully reached a cross-licensing agreement on intellectual property with Samsung. "So far, the world's top five telecom infrastructure suppliers, Huawei, Ericsson, Nokia 3 companies disclosed the annual results 2013: The exchange rate on December 31, 2013, the main business income of 39.3396 trillion U.S. dollars, 35.3 billion U.S. dollars, 15.2 billion U.S. dollars." Ericsson has been overtaken by Huawei despite its turnaround. Vestberg revealed that China's LTE 4G network bidding is still continuing. So far, two (mobile and China Telecom) have completed the bidding of equipment suppliers are the main operators have selected Ericsson. Sales in the Chinese market improved in the fourth quarter, with the positive impact of China Mobile's broadband coverage project delivery.