FILE PHOTO: Ericsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg/File Photo
STOCKHOLM (Reuters) -Sweden's Ericsson on Wednesday reported first-quarter core earnings above market estimates as strong 5G equipment sales offset a loss of royalty income due to a patent fight with Samsung Electronics.
The coronavirus crisis has fast-tracked 5G adoption as governments prioritise digital growth, boosting telecom equipment makers such as Ericsson and Finland's Nokia.
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