Ericsson to invest over US$230 million in Brazil to build new 5G assembly line

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Ericsson to invest over US$230 million in Brazil to build new 5G assembly line

Likely to stir competition with Finland's Nokia and China's Huawei.

Swedish telecoms equipment maker Ericsson plans to invest 1 billion reais (£185.74 million) in Brazil to add a new assembly line dedicated to 5th generation technology (5G) for its Latin American operations, an executive told Reuters on Monday. The move is likely to stir competition with ...

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