Sweden - Asia Tech Wire

Sweden

2022.02.08

10:53

Volvo Cars to invest $1.1 billion in Swedish car plant for faster electrification shift

Asian Tech Press (Feb 8) -- Volvo Cars announced it will invest $1.1 billion in a Swedish car plant to accelerate its electrification.

2021.10.20

10:25

China's Evergrande to sell its Swedish electric car company

Asian Tech Press (Oct 20) -- National Electric Vehicle Sweden (NEVS) AB, a subsidiary of China's Evergrande Group, is reportedly in talks with venture capital firms and industry partners in the U.S. and Europe to find a new owner.

04:55

Ericsson plans to resize operations in China due to sales drop

Asian Tech Press (Oct 20) -- Swedish telecommunications company Ericsson said Tuesday that it plans to resize its operations in China due to a reduced market share in the country.

2021.10.12

06:52

Swedish court allows Huawei to appeal 5G ban

Asian Tech Press (OCT 12) -- According to media reports, the Swedish Administrative Court issued an announcement allowing Huawei to appeal the ban on its products entering the country's 5G network.

2021.06.23

03:50

Huawei responds to Swedish court's 5G ban

Last October, the Swedish Post and Telecommunications Authority (PTS) banned Huawei from supplying 5G equipment to Swedish mobile companies. Huawei has challenged this decision in court.

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