The New Nation - Internet Edition

Internet Edition. April 27, 2008, Updated: Bangladesh Time 12:00 AM

Ericsson Q1 Asia sales grows 30pc sans Bangladesh, Australia, Japan

STOCKHOLM (Thomson Financial)- LM Ericsson AB's chief executive Carl-Henric Svanberg said the company's first quarter sales in Asia grew by 30 percent with the eclusion of Bangladesh, Australia and Japan.

'Sales were up 30 pct excluding these countries, with China and India particularly strong,' said Svanberg.

He attributed the weaker sales performance in Bangladesh to political turmoil, and in Australia and Japan to tough comparisons from the first quarter of last year.

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