Infrastructure Brief

News and opinion on public works procurement

Q4

  • Telecommunications

    • Apple settlement proceeds rescued Ericsson’s fourth quarter

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    By Diana Muratov

    Two incidents occurred during Ericsson‘s fourth quarter of 2022. First, it struck a global patent license deal with Apple, which resolved all of the parties’ outstanding patent-related legal problems. Because of the IPR agreement with Apple, retroactive revenue was recorded in the fourth quarter, bringing IPR revenue to $580 million (SEK 6 billion) in Q4. […]

  • Telecommunications

    • After sales increased 16% in Q3, Corning issues a Q4 optical downturn warning

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    By Diana Muratov

    Corning’s overall revenue fell 4% year on year to $3.5 billion as the boost from Optical failed to offset declines in its Display and Specialty Materials units. The majority of Corning‘s third-quarter revenues came from its Optical Communications division, whose unit revenue increased 16% year over year to $1.3 billion. However, according to CEO Wendell […]