Ericsson CEO Says Company Needs to Work on FX Exposure

The video discusses Ericsson's financial strategies, including cost cuts and R&D investments for 5G. It addresses the revised operating margin due to currency impacts and outlines plans to improve gross margin by exiting nonstrategic contracts. The Cisco partnership's sales targets are delayed, and the influence of activist investors on long-term strategy is highlighted. The video also covers the impact of the Broadcom-Qualcomm deal on 5G standards and the uncertainty Brexit brings to the industry.

What challenges is Ericsson facing in achieving its operating margin target?

What role does R&D play in Ericsson's long-term strategy?

How is Brexit impacting the wireless carriers and Ericsson's business?