Ericsson reported steady sales in its core mobile infrastructure business for Q4 2021 despite a significant drop off in business in mainland China. Overall group organic sales for Q4 2022 grew by 2% YoY. Excluding mainland China, organic sales growth was 5%. Reported sales were SEK 71.3 (69.6) billion (approximately US$7.7 billion). In North America, Europe and Latin America, Ericsson saw strong growth in 5G. Business in South East Asia, Oceania and India declined due to timing of orders and project milestones. Gross margin improved in all segments to 43.5% (40.6%) excluding restructuring charges. Reported gross margin was 43.2% (40.6%)….