Ericsson has announced plans to lay off 1,200 employees in Sweden to adjust to decreased demand and the cautious approach of mobile service providers towards orders.  This workforce reduction is part of a broader strategy to cut costs, which includes downsizing facilities, lessening reliance on consultancy services, and streamlining existing processes.  These job cuts, which account for approximately 8.6% of Ericsson’s Swedish workforce as...

21 analysts have shared their evaluations of KLA during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat...

In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Lam Research ( LRCX ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects,...

March 25 (Reuters) - Apple ( AAPL ) has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market, piggybacking on a sweeping antitrust case lodged by the U.S. Justice Department and 15 states last week. At least three proposed class actions have been filed since Friday in California and New Jersey...