Derf's Grotto

[fung_derf]

Ð.....I agree with the writer here and am picking up some ERIC.

1059 GMT - President Trump has signed an executive order which could restrict the sale of equipment by Huawei and ZTE into the U.S., but much more serious is the move by the U.S. Department of Commerce to put Huawei and 70 of its affiliates on a blacklist which could forbid U.S. companies from doing business with it, says Liberum. "If this action by the Commerce Department were to be implemented, it would be positive for both Ericsson and Nokia." Any action to limit component supplies to Huawei increases the uncertainty on Huawei's ability to meet commitments significantly. This is likely to make more operators move some or all of their new equipment purchases to Ericsson or Nokia, Liberum adds. "We expect Ericsson to be the bigger beneficiary of any such move." ([e-mail])