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Electronics Production | May 14, 2008

Ericsson request 60 days net from its suppliers

The telecommunications giant Ericsson is requesting a longer credit period from its suppliers.
The company has requested an average of 60 days credit from its suppliers. At the beginning of this year Ericsson had an average payment request of 57 days. However today Ericsson's CFO Hans Vestberg said that the company now request 60 days credit from its suppliers.
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