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Bullboard - Stock Discussion Forum Baylin Technologies Inc T.BYL

Alternate Symbol(s):  BYLTF | T.BYL.DB

Baylin Technologies Inc. is a Canada-based diversified, global wireless technology company. The Company is focused on the research, design, development, manufacturing and sales of passive and active radio frequency products, satellite communications products, and supporting services. The Company’s products are marketed and sold under the brand names Galtronics, and Advantech Wireless. The... see more

TSX:BYL - Post Discussion

Baylin Technologies Inc > Interesting
View:
Post by ARIMA11 on Feb 21, 2023 10:43am

Interesting

https://www.wsj.com/articles/ericsson-to-cut-1-400-jobs-as-orders-slow-1f72c240?mod=djemCFO
 
Ericsson AB plans to cut around 1,400 jobs in Sweden as the telecommunications-equipment giant grapples with slowing demand for its 5G gear in markets like the U.S.

Ericsson last month reported lower-than-expected quarterly profit and warned it faced an uncertain start to the new year as telecom operators in markets like the U.S. hold off placing new orders for 5G gear amid economic uncertainty.

The company said at the time that the trend started to hurt its key networks unit in the fourth quarter of 2022 and that it expects it to continue during the first half of this year. 
Comment by Duster340 on Feb 22, 2023 9:56am
baylin sliding lower now @39 cents. i think baylin will have another brutal earnings report Q4 in april could send the stock back to the 20's. 
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