Electronics Production |
Ericsson CEO denies Motorola Rumour
Ericsson CEO, Mr. Carl-Henric Svanberg, denied the rumour about Ericssons interest in acquiring rival company Motorola.
"I don't know what this rumour comes from" Mr. Svanberg told local media during a press conference in Stockholm, Sweden on Wednesday. He also said Ericsson now is focusing on organic growth.