Authorities in China are investigating Swedish telecom-equipment giant Ericsson AB while the firm’s Chinese rival, Huawei Technologies Co., moves to counter a U.S. campaign to limit its business, the latest signs of global jockeying to shape next-generation 5G information networks. Some 20 investigators from China’s State Administration for Market Regulation raided Ericsson’s Beijing office Friday, said a person familiar with the matter. Ericsson spokesman Peter Olofsson confirmed the investigation late Sunday, and said it...

Source: Wall Street Journal April 15, 2019 12:43 UTC