Ericsson welcomes Sweden-U.S. technology deal
Ericsson has welcomed a new Technology Prosperity Deal (TPD) between Sweden and the U.S. which includes commitments to 5G, 6G, AI and advanced research cooperation, as part of wide-ranging technology agreement.
Signed today in the southern Swedish port of Helsingborg by U.S. Secretary of State, Marco Rubio, and Swedish Foreign Minister, Maria Malmer Stenergard, the political agreement is only the fourth of its kind that the U.S. has committed to globally - following similar deals with Japan, South Korea and the UK.
Erik Ekudden, Chief Technology Officer, Ericsson, says: "Ericsson welcomes the Sweden – U.S. Technology Prosperity Deal which supports collaboration on 5G/6G, AI, advanced technology and research. As a global leader in wireless connectivity, Ericsson is proud to partner closely with both governments to support competitiveness across key technologies that will define the next decade.”
Ekudden adds: “Collaboration between tech leaders is especially vital to realize the true potential of the digital stack. No individual country or company can build it alone. Many tech leaders are U.S. companies. What Ericsson and other Swedish tech leaders bring to the table will benefit them - and vice versa - as we collectively pursue innovative new use cases across advanced manufacturing, smart infrastructure and everyday life.”
Speaking at a press conference after the meeting, Mr Rubio singled out Ericsson’s technology leadership as an example of how both countries could benefit under the new agreement.
“We are building on a foundation of decades of cooperation between our two countries,” he said. “As an example, Ericsson is a very important company. It is one of the only companies in the world that can compete on 5G and 6G. It is very meaningful what we (Sweden and the U.S.) signed today, because I think it will give further impetus to what we’ve already done together in the past.”
In March, Sweden became the first European country to join the U.S. Pax Silica initiative, which brings together leading technology nations to strengthen supply chains, promote innovation and secure digital infrastructure.
Following the signing of that agreement, the U.S. Under Secretary of State Jacob Helberg; Christine Toretti, U.S. Ambassador to Sweden; and Urban Ahlin, Ambassador of Sweden to the U.S. were hosted by Ericsson’s President and CEO, Börje Ekholm, and Yossi Cohen, Head of Ericsson Americas, at Ericsson’s U.S.A. Smart Factory in Lewisville, Texas.
5G radios and basebands that power networks across the U.S. are manufactured at the 300,000 sq ft complex.