Ericsson acquires majority interest in North Electric Manufacturing Company in Ohio, US, and sells last remaining shares in British ETL.

Ericsson crossbar trunk exchange in service in Rotterdam, the Netherlands.

Waldemar Borquist retires as Chairman. He was succeeded by Helge Ericson who, on grounds of health, resigned the post as president in which he was succeeded by S.T. Aberg, previous sales director. After the death of Helge Ericsson, Marcus Wallenberg was elected Chairman of the Board.

First crossbar orders from Australia. New Brazil factory completed outside Sao Paulo. EMAX, TDM-based trial electronic exchange completed. TV set manufacture begins at SRA.

First Brazil crossbar order. The Molndal factory - the first telecommunications factory on the west coast - was opened. LM Ericsson Matinstrument AB in Sweden becomes ERMI.

Ericsson launches the Ericofon. Swedish television begins to broadcast regularly. The joint Televerket-Ericsson Electronics Council (Elektroniknamnden) established. The 6,000,000 telephone is manufactured.

Svenska Radioaktiebolaget attained record sales owing to the strong demand for TV sets.

Ericsson claims compensation from Germany for war losses in Poland. LM Ericsson and ITT transfer their Telefonos de Mexico holdings into Mexican hands.

Receives a contract through Northern Electric for 412 L electronic exchange for the US Air Force. Private line market liberalized in the US. LM Ericsson's crossbar is system choice for Australia's automatic system.

ITT agrees to sale Ericsson shares back to Ericsson. Toowoomba crossbar exchange delivered in Australia. Ericsson buys Trimax Transformers Pty LTD in Melbourne, Australia.

Land is acquired at Broadmeadows outside Melbourne. First airborne radar delivered in Sweden. Code switch introduced.

LM Ericsson-Trimax Pty becomes LM Ericsson Pty Ltd. First code switch installation in Stockholm. The new Dialog phone is introduced.

The Broadmeadows factory opens in Australia. First PCM transmission trial in Sweden. SRA radio and TV business is being sold and Sven Ture Aberg resigned as Managing Director and is succeeded by Bjorn Lundvall.

Semiconductor-based airborne radar systems delivered in Sweden. Televerket sets up mobile-telephony study group.

Ericsson acquires Teleindustria de Mexico and majority interest in Latin-America de Cables S. A. MTB mobile telephony in operation in Sweden.