Ericsson CEO: EU's Tech Sovereignty Push Is 'Dangerous'

Core Viewpoint - Ericsson's CEO, Borje Ekholm, emphasizes that the EU's efforts to reduce dependency on US technology may negatively impact the bloc's technological landscape [1] Group 1: Company Performance - Ericsson reported its fourth-quarter earnings, marking a significant milestone in its financial performance [1] - The company announced its first-ever share buyback program, indicating confidence in its financial health and future prospects [1] Group 2: Industry Insights - Ekholm highlights the challenges faced by the EU in its ambition to lessen reliance on US technology, suggesting that this could hinder the region's competitiveness in the tech sector [1]