Ericsson has published fourth quarter and full-year financial results. The company made a loss of 6.3 billion Krona (£625 million) in Q4 2012, although it remained in profit for the year.
Net income for 2012 was down 53% year-on-year to £586 million, while sales were up 5% to £6.6 billion for the quarter and almost unchanged year-on-year at £22.6 billion for the full year.