SEC's $279 million whistleblower award "stemmed from an Ericsson bribery case"
May 30, 2023The US Securities and Exchange Commission made its record whistleblower payment to a tipster with inside information on Swedish telecommunications company Ericsson, say reports.
Ericsson enters major R&D deal with the Government of Canada
April 18, 2023The Swedish telecom company has entered into a five-year R&D partnership valued at more than CAD 470 million (EUR 321 million) with the Government of Canada.
Ericsson's IoT business is now in the hands of Aeris
April 03, 2023Ericsson has closed the transfer of its IoT Accelerator (IoT-A) and Connected Vehicle Cloud (CVC) businesses and related assets from Ericsson to Aeris. The Swedish telecom company has aslo acquired a small stake in Aeris.
Mass layoffs at Ericsson – 8,500 employees impacted
February 27, 2023In an internal memo to its employees, the Swedish telecom equipment maker states that will let go of 8.500 staff members globally as part of its cost-cutting strategy.
5G market will reach a value of $37 billion in 2026
January 23, 2023TrendForce forecasts that the value of the global 5G market will reach USD 14.5 billion in 2023 thanks to the promotion of 5G private networks by enterprises and the upgrading of the equipment purposed for small cells and 5G FWA.
Ericsson and Jabil scales up production in India
December 19, 2022Ericsson says it is scaling up the production capacity and operations with its partner Jabil in Pune to meet the needs of 5G network deployments in India.
Ericsson divests its customer support business in Russia
December 15, 2022Ericsson will sell its local customer support business to former Local operational managers.
Ericsson extends compliance monitorship
December 15, 2022Swedish telecommunications company Ericsson has agreed with the U.S. Department of Justice and Securities and Exchange Commission to extend the term of the company’s independent compliance monitor for one year, to June 2024.
Ericsson and Apple bury the hatchet
December 09, 2022Swedish telecom company Ericsson announces that it has reached a global patent license agreement with Apple. The agreement includes a cross-license relating to patented cellular standard-essential technologies and grants certain other patent rights.
Ericsson sells its IoT business to Aeris
December 08, 2022Ericsson and IoT solutions provider Aeris Communications have signed an agreement for the transfer of Ericsson’s IoT Accelerator and Connected Vehicle Cloud businesses.
Three companies to own 74.5% of base station market in 2022
August 08, 2022TrendForce estimates that Huawei, Ericsson, and Nokia will account for 74.5% of the global base station market in 2022.
Ericsson, Qualcomm and Thales wants to take 5G into space
July 14, 2022Thales, Qualcomm Technologies and Ericsson are planning to take 5G out of this world and across a network of Earth-orbiting satellites.
Ericsson boosts distribution center in Malaysia
June 17, 2022Swedish telecom company, Ericsson, has commissioned a new facility at the Kuala Lumpur International Airport (KLIA) that will expand its regional distribution capacity and role of Malaysia in the company.
Ericsson to hire 250 at its Irish R&D centre
May 30, 2022250 roles to be added over the next three years with a focus on cloud native software developers, engineers and architects at all career stages.
Ericsson and Intel launch cloud RAN tech hub
May 23, 2022The Swedish telecom company is teaming up with US chipmaker Intel – pooling together R&D resources to create high-performing Cloud RAN solutions.
One million Ericsson 5G products made in Poland
April 26, 2022Ericsson has produced one million 5G radio products at the Flex Tczew factory in Poland. These products are at the heart of the fifth-generation networks being built in Poland and other European countries.
Ericsson suspends its business in Russia indefinitely
April 11, 2022In late February, Swedish telecom company suspended all deliveries to customers in Russia. Now, the company says that it will suspend its business in Russia indefinitely.
Ericsson stops deliveries to Russia and Belarus
March 21, 2022The Swedish telecom company says that it has decided to suspend deliveries to Russia and Belarus as a response to Russia’s invasion of Ukraine.
DOJ accuses Ericsson of withholding documents
October 22, 2021Ericsson discloses that it has entered into a Deferred Prosecution Agreement (DPA) with the United States Department of Justice (DOJ).
Ericsson to close Nanjing research centreLoad more news
September 14, 2021The Swedish telecom giant confirms to South China Morning Post that it will divest its product research and development activities in Nanjing by November 2021.