Tech Video: Ericsson hit by slower network sales Add to ... Reuters Published Wednesday, Jul. 18 2012, 12:40 PM EDT Last updated Wednesday, Jul. 18 2012, 12:40 PM EDT The world's leading mobile telecoms equipment manufacturer Ericsson was hit by a sharp drop in sales of networks in the second quarter as carriers cut spending in the face of a global slowdown Watch More Video: EU applauds banking deal - but is it enough? Ukraine's Yanukovich says Russia bailout money not aimed against Europe Darden to spin off or sell Red Lobster Getting your portfolio into shape Airbus wins record AirAsia X deal Protests block traffic around EU summit venue Saab wins deal to sell 36 fighter jets to Brazil Europe stocks rally on Fed What does Canada Goose's CEO do when he's not at work? Morgan Stanley's Jonathan Garner: What Fed tapering means for markets Cash or crash if China resumes IPOs? China bitcoin exchange plots future after crackdown Wall Street hits record as Bernanke pulls back Fed scales back bond-buying program FedEx fails to deliver Amazon delivers despite strike Who wins in Ottawa’s wireless crackdown? Euro zone moves towards banking union Package holiday revival helps TUI AG On the job with a chocolatier Comments AA More Related to this Story Market View Video: Markets watch earnings result while banks take time out to think talking management Video: Developing a corporate vision with meaning Let's Talk Investing Video: Should I shop around for travel health insurance?