ericsson with the move down 5.2%.osted a 10% drop in the third quarter as lower demand for 5g in north america hit sales. it would not give guidance beyond the fourth youquarter as expects uncertainty to continue into next year. the ceo told cnbc he is confident sales will recover. >> demand in north america has been weak and we are down 50%. we are 50% organically. it is because our customers are depleting the inventories to go through the inventory cycle as well as cautious on the rollout. what we know from experience is that will come back to more normal levels. it can take a couple of quarters or a bit more. the exact timing is hard to say because it is in the hands of the customers. what actually drives the need to invest is actually the traffic growth which continues at the high level. >> and lonza slashed the margin target next year citing the covid orders for moderna and lack of demand. it expects the margin of earnings to be in the high 20s rather than the previous target of 31 to 33%. shares have come under

we are getting numbers out of ericsson. the swedish telecom maker has third quarter net sales come in at 64.47, will call it 5 billion swedish krona. he got perhaps a number that they already announced a 5.2% drop previously with 64.5 billion what they announced last week. this is a drop on the 60 billion a year earlier. you are seeing headlines come around their adjusted gross margin. it is 39.2%. the ebitda margin dropped as well. we are waiting for the fourth quarter margin as well especially as we go into a tough time. we are seeing similar market trends for the fourth quarter and headlines across as well. the thing that is a sticking point is last week in addition to pronouncing the earnings they talked about the impairment charge related to linage. it is 32 billion and they are sticking with that when it comes to their overall earnings. we will bring you more analysis as we get it because earnings headlines are coming in and will affect the market trade when the european markets open at 8:00 a.m. london time. you are

question public-private partnerships with which with consortium of companies, micron, intel, samsung, ericsson and others. the state of nebraska, since you asked, again nsf investment spans all part of our nation, energizing community colleges, universities and so on. let me give a couple examples from nebraska. the universe of nebraska, $21 million for a e period of 2021-2026. second quantum revolution by launching an interdisciplinary interdepartmental and multicampus research and education clusterlt focused on emergent quantum materials and technologies called equate. this is essential to increase the jurisdiction competitiveness in the area of quantum science e and technology, one example under the project again which with an award in nebraska lincoln which is companion to the large collider that is happening. so here we are essential to supporting a cms detector and supporting software being developed at the university of nebraska. so clearly they get ilo want to read the size this, you will be tired of me saying this. talent and ideas are everywhere and it is our responsibility to find t