[Reuters] Ericsson to take $1.2 billion charge on ST-Ericsson stake
- 12/20/12 11:18 AM
STOCKHOLM (Reuters) - Ericsson, the world's biggest telecom network equipment maker, will take an 8 billion crown ($1.2 billion] charge on its ST-Ericsson venture, underscoring the uncertainty over the loss-making project after partner STMicro said it was pulling out.