Ericsson seen down after slight Q2 sales miss amid rising component costs
BUZZ-Ericsson seen down after slight Q2 sales miss amid rising component costs ** Shares in Ericsson ERICb.ST seen down 4-5% after its Q2 sales slightly missed estimates, while it warned of rising component costs
** Citing an impact from lower licensing revenues, the Swedish telecoms equipment maker posts quarterly sales at SEK 52.69 billion ($5.43 billion) against SEK 53.68 billion in consensus
** Ericsson CFO warns of pricing pressure seen in chips, memory, and other components
** Jefferies says steadily rising component prices could have a bigger impact on the Q4 gross margin
($1 = 9.7053 Swedish crowns)
(Reporting by Boleslaw Lasocki)
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