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Electronics Production | August 17, 2005

EMP's turnover increased by 140%

Swedish Mobile technology company Ericsson Mobile Platforms AB(EMP) increased it's turnover 2004 by 140% compared to 2003. 2004's turnover reached over EUR 207 million.

EMP reduced it's R&D costs by more than EUR 54 million to EUR 130 million. The company's net loss where reduced from nearly EUR -164 million to EUR -11.4 million.
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