Filtronic

Article Abstract:

Filtronic produces telecoms parts and the market has great potential for growth. The company's stock price has dropped as a result of fears of problems in the US, which have been exaggerated. Filtronic is hampered by idele machinery due to a delayed US product launch, but the delay is temporary, so the damage should not be long lasting. The company has acquired a gallium arsenide plant that is operating at full capacity, and is developing a handset radio frequency component. It is in a strong potential to benefit from the development of the market.

Filtronic Components Ltd.

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Ericsson

Article Abstract:

Ericsson is well placed to benefit from expansion in digital mobile telecoms, and the company has seen a rise in its share price. Public telecoms is the single problematic business activity for Ericsson, since the company's other activities are performing well. Mobile telecoms account for 57% of turnover and sales have been strong despite some problems due to the high value of the Swedish krona. The company has invested in new products and is seeing the benefits of this.

Ericsson AG

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LM Ericsson

Article Abstract:

Ericsson ranks first in the world market for mobile telecoms systems and is among the main three manufacturers of handsets. Employees have been moved to the mobile division from public phone equipment in the year to Feb 1997. The company has benefited from a larger proportion of sales derived from cellular network infrastructure compared to Nokia and Motorola, its main competitors. The company should also benefit from strrength in the market for digital equipment.

Telefonaktiebolaget LM Ericsson, Company Profile

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