Ericsson posts lower than expected loss as savings and 5G demand kick in
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STOCKHOLM (Reuters) - Mobile telecoms equipment company Ericsson beat fourth-quarter forecasts on Friday and said it was approaching its financial targets thanks to growing demand for next-generation 5G gear.The Swedish company has staked its recovery on rising demand for 5G equipment and could be well placed to benefit from current turmoil surrounding market leader Huawei.Excluding restructuring charges and other costs related to its Business Support System (BSS) operation, Ericsson's operating..