|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||49.40 - 49.91|
|52-week range||43.19 - 64.95|
|PE ratio (TTM)||-14.48|
|Dividend & yield||0.11 (1.81%)|
|1y target est||55.67|
Ericsson said it has launched legal proceedings against smartphone maker Wiko, alleging infringement of patents essential for 2G, 3G and 4G cellular technology, as well as implementation patents.
Sonova on Thursday launched a new hearing aid microchip capable of streaming audio directly from wireless devices as the Swiss company tries to close the gap with Danish competitors that pioneered similar technology years ago. Sonova, the world's biggest hearing aid maker, was criticised for missing an opportunity with tech-savvy Baby Boomers when rival GN Store Nord introduced direct-streaming hearing aids for Apple devices in 2014.
Swedish mobile infrastructure firm Ericsson is suing French-Chinese smartphone maker Wiko in two German regional courts over patent infringements, it said on Thursday. Ericsson said Wiko had infringed its rights for several years without any licence or compensation, despite negotiations since 2013. Wiko, which has its head office in France but is majority-owned by Chinese technology group Tinno Mobile, was not immediately available for comment.