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Telefonaktiebolaget LM Ericsson (ERIC) Q2 2021 Earnings Call Transcript


Telefonaktiebolaget LM Ericsson (ERIC) Q2 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
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Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC)
Q2 2021 Earnings Call
Hello everyone and welcome to the second-quarter report 2021 standing here from the studio in Chintsa. Together with me here in the studio is our president and CEO, Borje Ekholm; and our CFO, Carl Mellander. As usual, after the presentation we will have a Q&A session. And this is important, in order to ask questions, you needed to sign up via telephone.
So details can be found in today s press release and on our website ericsson.com. During today s presentation, we will be making forward-looking statements. These statements are based on our current expectation and certain planning assumptions, which are subject to risks and uncertainties. The actual results may differ materially due to factors mentioned in tod ....

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STMicroelectronics N.V. (NYSE:STM) - CitiGroup Raises STMicroelectronics Rating To Buy, Sees 26% Upside Potential

STMicroelectronics N.V. (NYSE:STM) - CitiGroup Raises STMicroelectronics Rating To Buy, Sees 26% Upside Potential
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Atos Stock Plummets After U.S. Accounting Errors Disclosed


Atos Stock Plummets After U.S. Accounting Errors Disclosed
‘Atos is committed to the highest standards, and the group is strongly enhancing its preventive controls and processes through a comprehensive action plan,’ Atos says in a statement.
By
Donna Goodison April 01, 2021, 01:51 PM EDT
French solution provider Atos took a big stock hit today after disclosing that auditors discovered accounting errors at two of its U.S. subsidiaries.
Shares of the Bezons, France-based company fell the most in almost 2.5 years, dropping more than 21.6 percent to a low of 52.14 euros on the Paris Euronext Market before closing at 58.26 euros, down 12.4 percent.
The accounting errors were tied to the U.S.-based Atos IT Solutions and Services and Atos IT Outsourcing Services, which represent 11 percent of Atos’ 2020 revenue for the year ended Dec. 31, 2020, and 9 percent of its operating margin. ....

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UPDATE 2-Infineon strives to meet auto industry demand as supply chains creak


Douglas Busvine
4 分钟阅读
BERLIN, Feb 4 (Reuters) - German chip maker Infineon said on Thursday it was facing challenges to meet auto industry demand for microcontrollers due to capacity constraints at the contract manufacturers it relies on.
But the top automotive chip supplier said it was coping with rising demand for power chips and sensors that it makes itself, and forging closer direct ties with carmakers like Volkswagen to better serve their needs.
“Semiconductor shortages are being felt in the overall automotive supply chain and the recovery is happening faster than expected,” CEO Reinhard Ploss said after Infineon reported forecast-beating quarterly results. ....

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