3 Wireless Stocks Likely to Transcend Industry Shortcomings
Ericsson(ERIC) ZACKS·2024-11-12 23:15
The Zacks Wireless Equipment industry is plagued by large-scale investments for seamless 5G migration, eroding profits due to escalated price wars, high customer inventory levels and inflated raw material costs. Moreover, a challenging macroeconomic environment, prolonged geopolitical conflicts and uncertain business conditions continue to weigh on margins. However, the transition to cloud and fiber network infrastructure upgrades should help the industry in the long run. Despite short-term headwinds, Qualc ...