Ericsson essentially lost its 2nd largest market because of Sweden's decision to ban Huawei.
From [0]:
> Swedish telecommunication equipment maker Ericsson plans to restructure its operations in China, its second-largest market, after its sales in the country plunged for a second consecutive quarter in the wake of its home government's move to exclude Huawei Technologies and ZTE from 5G mobile networks.
> Ericsson recorded a 74% drop in revenues from China, to 1.3 billion Swedish krona ($150.3 million), in the July-September quarter compared with a year earlier. This followed a 63% drop, to 1.5 billion krona, in China revenues in the second quarter when the company wrote off 300 million krona worth of Chinese inventories.
0. https://asia.nikkei.com/Business/Telecommunication/Ericsson-...