|Bid||11.01 x 28000|
|Ask||11.10 x 45900|
|Day's range||10.99 - 11.19|
|52-week range||9.93 - 15.32|
|Beta (5Y monthly)||0.11|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.23 (2.10%)|
|Ex-dividend date||30 Sept 2021|
|1y target est||15.27|
Sweden's Ericsson has filed another set of patent infringement lawsuits against Apple in the latest salvo between the two companies over royalty payment for use of 5G wireless patents in iPhones. Both companies have already sued each other in the United States as negotiations failed over the renewal of a seven-year licensing contract for telecoms patents first struck in 2015. Ericsson sued first in October, claiming that Apple was trying to improperly cut down the royalty rates.
Ericsson (ERIC) continues to expand its footprint by leveraging its competitive 5G portfolio.
Telefonica (TEF) is the latest carrier that has decided to forego Huawei equipment utilized for 5G deployments throughout Spain.