Mobile telecoms equipment maker Ericsson is under a corruption investigation by U.S. authorities over its activities in China, Swedish newspaper Svenska Dagbladet reported Thursday, citing unnamed sources. The Swedish company has confirmed the investigation by the U.S. Securities and Exchange Commission and the Department of Justice, the newspaper said Friday. Ericsson, the DOJ and SEC had not responded to requests for comment at the time of writing. Ericsson shares fell 1.7% on Friday.
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