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- Ericsson has strengthened its market share in China by winning 5G contracts with all three major operators
- The overall 5G business in China is expected to have a healthy profitability and is in line with our plans
- In line with the planning assumptions included in the Q1 2020 earnings report, initial gross margin of the 5G contracts in China is negative due to high initial costs for product introduction
- In addition, Q2 2020 will be impacted by SEK 1 b. in costs related to asset write-downs of pre-commercial product inventory for the Chinese market
- Group financial targets for 2020 and 2022 remain unchanged
Canadian communications service provider Bell Canada has selected Ericsson 5G Radio Access Network (RAN) technology to support its nationwide 5G mobile and fixed wireless access deployment.
- Ericsson’s three-year term of the monitorship under its Deferred Prosecution Agreement with U.S. Authorities commences following the engagement of independent compliance monitor
With Ericsson’s technology, Telefónica Deutschland will have the most modern mobile core network in Germany and will be able to use the full potential of the 5G standard for private and business customers.
SmarTone has launched commercial 5G service across Hong Kong using Ericsson Spectrum Sharing technology as well as Ericsson’s 5G Core for more efficient operations.
Also available in 日本語
The latest Ericsson ConsumerLab report reveals fresh insights on consumer attitudes toward sustainability challenges - and how technology could help them to make a greater positive impact.
- Stockholm City Center first to benefit with most of Norrmalm, Östermalm and Vasastan to be covered by mid-June
- Ericsson President and CEO, Börje Ekholm, says 5G will transform Swedish life, society and business for the better
- Initial 5G services to be enhanced following spectrum auctions later this year
Ericsson Response, the company’s humanitarian relief program that focuses on providing connectivity to humanitarian workers and populations in affected areas, is celebrating 20 years of service. Find out about the key role the program plays enabling humanitarian response here.
Also available in Français
Ericsson's USA 5G Smart Factory in Texas is one of the most advanced manufacturing complexes in the world. When it launched earlier this year its engineering professionals were trained with almost no face-to-face interaction. By utilizing the power of virtual reality (VR) in the months prior to opening, new Ericsson employees were able to learn directly from peers in the company’s Tallinn smart factory, 8,000 km away.
Also available in 日本語