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: Inside a medical marijuana grow-op approved by Health Canada EU shrugs off downgrade, eyes Ukraine BlackBerry loses $4.4-billion Germany exports Christmas market cheer UAE exits Eurofighter Typhoon talks Zimbabwe tempts miners with ownership offer Thailand's contracting economy in the spotlight Target's holiday hijacked by hack To taper or not to taper? A tale of 2 central banks TransCanada's Girling defends Keystone XL Which vehicles make the grade for the U.S. insurance industry's highest safety award? Mark Zuckerberg unloads $2.3-billion worth of Facebook shares Russia and Ukraine defend pact 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 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?