The Ericsson logo seen at the company’s headquarters in Stockholm. Photo: AFP

Ericsson expects to pay US$1.2 billion in US probes over ethics breaches in six countries including China

  • Ericsson said the US investigation involves breaches in China, Djibouti, Indonesia, Kuwait, Saudi Arabia and Vietnam
  • CEO Borje Ekholm said the firm was ‘ashamed’ over its historical conduct and said Ericsson had taken steps to tighten its compliance programme
Topic |   Sony Ericsson

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The Ericsson logo seen at the company’s headquarters in Stockholm. Photo: AFP
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