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Encyclopedia > Ericsson
Telefonaktiebolaget L. M. Ericsson
Type Public (NASDAQERIC, OMX: ERIC B)
Founded Stockholm, Sweden (1876)
Founder Lars Magnus Ericsson
Headquarters Torshamnsgatan 23, 164 83 Kista, Stockholm, Sweden
Key people Michael Treschow, Chairman[1]
Carl-Henric Svanberg, President and CEO[1]
Marcus Wallenberg, Deputy Chairman[1]
Industry Telecommunications
Products See link
Revenue 187.780b SEK (2007)
Operating income 30.646b SEK (2007)
Net income 22.135b SEK (2007)
Employees 74,011 (2007)
Website http://www.ericsson.com/ www.allabolag.se

Ericsson (Telefonaktiebolaget L. M. Ericsson) (NASDAQERIC, OMX: ERIC B) is a leading Swedish-based provider of telecommunication and data communication systems, and related services covering a range of technologies, including mobile phones. Founded in 1876 as a telegraph equipment repair shop by Lars Magnus Ericsson, it was incorporated on August 18, 1918. Headquartered in Kista, Stockholm Municipality, since 2003, LM Ericsson is considered part of the so-called "Wireless Valley". Since the mid 1990s, Ericsson's extensive presence in Stockholm helped transform the capital into one of Europe's hubs of information technology (IT) research. Ericsson, sometimes spelt Ericson depending on the translation of Scandinavian languages into English, may refer to: Companies: Ericsson, a Swedish telecommunications equipment manufacturer. ... Image File history File links Ericsson-Logo. ... This article does not cite any references or sources. ... NASDAQ in Times Square, New York City. ... OMX AB is a Swedish-Finnish financial services company, formed in 2003 through a merger between OM AB and HEX plc. ... Stockholm [, ] is the capital and the largest City of Sweden. ... For the computer game by Peter Molyneux, see The Entrepreneur. ... Lars Magnus Ericsson (May 5, 1846 - December 17, 1926) was a Swedish inventor and founder of telephone equipment manufacturer Ericsson (incorporated as Telefonaktiebolaget LM Ericsson). ... Kista subway station Kista (Swedish: ) is a district of Stockholm Municipality in Sweden belonging to Kista borough. ... For other uses, see Stockholm (disambiguation). ... Michael Treschow (born April 22, 1943, Helsingborg, SkÃ¥ne län) is a Swedish businessman. ... Carl-Henric Svanberg (born May 29, 1952, Porjus, Norrbottens län) is a Swedish businessman who is the current CEO of telecommunications company Ericsson. ... The Wallenberg family is one of the most influential and wealthy families in Sweden, renowned as bankers and industrialists. ... Telecommunication involves the transmission of signals over a distance for the purpose of communication. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... ISO 4217 Code SEK User(s) Sweden Inflation 2. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... ISO 4217 Code SEK User(s) Sweden Inflation 2. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... ISO 4217 Code SEK User(s) Sweden Inflation 2. ... This article is about work. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... NASDAQ in Times Square, New York City. ... OMX AB is a Swedish-Finnish financial services company, formed in 2003 through a merger between OM AB and HEX plc. ... Telegraphy (from the Greek words tele = far away and grapho = write) is the long distance transmission of written messages without physical transport of letters, originally over wire. ... Lars Magnus Ericsson (May 5, 1846 - December 17, 1926) was a Swedish inventor and founder of telephone equipment manufacturer Ericsson (incorporated as Telefonaktiebolaget LM Ericsson). ... is the 230th day of the year (231st in leap years) in the Gregorian calendar. ... 1918 (MCMXVIII) was a common year starting on Tuesday of the Gregorian calendar (see link for calendar) or a common year starting on Wednesday of the Julian calendar. ... Kista subway station Kista (Swedish: ) is a district of Stockholm Municipality in Sweden belonging to Kista borough. ... Stockholm Municipality is the largest Swedish municipality in terms of population. ... The term Wireless Valley has several competing users. ... For other uses, see Stockholm (disambiguation). ... Information and communication technology spending in 2005 Information technology (IT), as defined by the Information Technology Association of America (ITAA), is the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware. ...


In the early 20th century, Ericsson dominated the world market for manual telephone exchanges but was late to introduce automatic equipment. The world's largest ever manual telephone exchange, serving 60,000 lines, was installed by Ericsson in Moscow in 1916. Throughout the 1990s, Ericsson held a 35-40% market share of installed cellular telephone systems. Like most of the telecommunications industry, LM Ericsson suffered heavy losses after the telecommunications crash in the early 2000s, and had to retrench tens of thousands of staff worldwide in an attempt to staunch the losses. A telephone operator manually connecting calls with patch cables at a telephone switchboard. ... For other uses, see Moscow (disambiguation). ... Cellular redirects here. ...


The handsets division got a fresh start in 2001 in the form of a joint venture with Sony called Sony Ericsson. LM Ericsson is a major provider of handsets and an infrastructure supplier for all major wireless technologies. It has played an important global role in modernizing existing copper lines to offer broadband services and has actively grown a new line of business in the professional services area. A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. ... Sony Corporation ) is a Japanese multinational corporation and one of the worlds largest media conglomerates with revenue of $66. ... For an arrangement of Sony Ericsson products, see list of Sony Ericsson products Sony Ericsson is a joint venture established in 2001 by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to make mobile phones. ... For other uses, see Copper (disambiguation). ... Broadband Internet access, often shortened to broadband Internet or just broadband is a high data-transmission rate Internet connection. ...


On 18 February 2008, it was announced that Aastra Technologies would acquire the enterprise PBX division of Ericsson.[2] This move has caused considerable consternation among Ericsson's partner companies. A VoIP handset manufactured by Aastra Aastra Technologies Limited (TSX: AAH) headquartered in Concord, Ontario, Canada, makes products and systems for accessing communication networks including the Internet. ...

Contents

History

19th century: the beginning

Lars Magnus Ericsson, founder of Ericsson

Lars Magnus Ericsson began his association with telephones in his youth as an instrument maker. He worked for a firm which made telegraph equipment for Swedish firm Telegrafverket. In 1876, aged 30, he started a telegraph repair shop with help from his friend Carl Johan Andersson. The shop was in central Stockholm (Drottninggatan 15) and repaired foreign-made telephones. In 1878 Ericsson began making and selling his own telephone equipment. His phones were not technically innovative, as most of the inventions had already been made in the US. In 1878, he made an agreement to supply telephones and switchboards to Sweden's first telecom operating company, Stockholms Allmänna Telefonaktiebolag. Image File history File links Lars_magnus_ericsson_01. ... Image File history File links Lars_magnus_ericsson_01. ... Lars Magnus Ericsson (May 5, 1846 - December 17, 1926) was a Swedish inventor and founder of telephone equipment manufacturer Ericsson (incorporated as Telefonaktiebolaget LM Ericsson). ... Lars Magnus Ericsson (May 5, 1846 - December 17, 1926) was a Swedish inventor and founder of telephone equipment manufacturer Ericsson (incorporated as Telefonaktiebolaget LM Ericsson). ... Telegraphy (from the Greek words tele = far away and grapho = write) is the long distance transmission of written messages without physical transport of letters, originally over wire. ... For other uses, see Stockholm (disambiguation). ... For other uses, see Telephone (disambiguation). ...


Also in 1878, local telephone importer Numa Peterson hired Ericsson to adjust some telephones from the Bell company. This inspired him to buy a number of Siemens telephones and analyze the technology further. (Ericsson had had a scholarship at Siemens a few years earlier.) Through his firm's repair work for Telegrafverket and Swedish Railways, he was familiar with Bell and Siemens Halske telephones. He improved these designs to produce a higher quality instrument. These were used by new telephone companies, such as Rikstelefon, to provide cheaper service than the Bell Group. He had no patent or royalty problems, as Bell had not patented their inventions in Scandinavia. His training as an instrument maker was reflected in the high standard of finish and the ornate design which made Ericsson phones of this period so attractive to collectors. At the end of the year he started to manufacture telephones of his own, much in the image of the Siemens telephones, and the first product was finished in 1879. Look up bell, Bell in Wiktionary, the free dictionary. ... Siemens redirects here. ... For other uses, see Patent (disambiguation). ... Royalty may refer to either: the royal family of a country with a monarchy royalties the payment made to the owner of a copyright, patent, or trademark, for the use thereof This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... For other uses, see Scandinavia (disambiguation). ...


With its reputation established, Ericsson became a major supplier of telephone equipment to Scandinavia. Because its factory could not keep up with demand, work such as joinery and metal-plating was contracted out. Much of its raw materials were imported, so in the following decades Ericsson bought into a number of firms to ensure supplies of essentials like brass, wire, ebonite and magnet steel. Much of the walnut used for cabinets was imported from the US. Brazen redirects here. ... For other uses, see Wire (disambiguation). ... Ebonite is one of the earliest forms of plastic. ... For other uses, see Magnet (disambiguation). ... For other uses, see Steel (disambiguation). ... For other uses, see Walnut (disambiguation). ...


As Stockholm's telephone network expanded rapidly that year, the company reformed into a telephone manufacturing company. But when Bell bought the biggest telephone network in Stockholm, it only allowed its own telephones to be used with it. So Ericsson's equipment sold mainly to free telephone associations in the Swedish countryside and in the other Nordic countries. Political map of the Nordic countries and associated territories. ...


The high prices of Bell equipment and services led Henrik Tore Cedergren to form an independent telephone company in 1883 called Stockholms Allmänna Telefonaktiebolag. As Bell would not deliver equipment to competitors, he formed a pact with Ericsson, which was to supply the equipment for his new telephone network. In 1918 the companies were merged into Allmänna Telefonaktiebolaget LM Ericsson.


In 1884, a multiple-switchboard manual telephone exchange was more or less copied from a design by C. E. Scribner at Western Electric. This was legal, as the device was not patented in Sweden, although in the US it held patent 529421 since 1879. A single switchboard could handle up to 10,000 lines. The following year, LM Ericsson and Cedergren toured the US, visiting several telephone exchange stations to gather "inspiration". They found that US engineers were well ahead in switchboard design but Ericsson telephones were as good as any available. The term switchboard, when used by itself can refer to: Telephone switchboard Electric switchboard This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... A telephone operator manually connecting calls with patch cables at a telephone switchboard. ... Company Masthead Logo Logo until circa 1969, also current logo on company web site Logo 1969–1983 Hi Dan! Western Electric (sometimes abbreviated WE and WECo) was an American electrical engineering company, the manufacturing arm of AT&T from 1881 to 1995. ...


In 1884, a technician named Anton Avén at Stockholms Allänna Telefonaktiebolag had combined the earpiece and the mouthpiece of a (by then) standard telephone into a handset. It was used by operators in the exchanges that needed to have one hand free when talking to their customers. Ericsson picked up this invention and incorporated it into Ericsson products, beginning with a telephone named The Dachshund. The dachshund is a short-legged, elongated dog breed of the hound family. ...


As production grew in the late 1890s, and the Swedish market seemed to be reaching saturation, Ericsson was able to expand into foreign markets through a number of agents. Britain and Russia were early markets. This eventually led to the establishment of factories in these countries. This was partly to improve chances of gaining local contracts, and partly because the Swedish factory could not keep up supply. In Britain, the National Telephone Company had been supplied with Ericsson equipment for some time and was a major customer. By 1897, Britain was accounting for 28% of Ericsson's sales. Other Nordic countries had become Ericsson customers as well, spurred by the rapid growth of telephone services in Sweden. Company logo in porch of 17 & 19 Newhall Street, Birmingham (former Central exchange) The National Telephone Company (NTC) was a British telephone company from 1881 until 1911 which brought together smaller local companies in the early years of the telephone. ...


Other countries and colonies were exposed to Ericsson products through the influence of their parent countries. These included Australia and New Zealand, which by the late 1890s were Ericssons's largest non-European market. With mass production techniques now firmly established, the phones were losing some of their ornate finish and decoration. Mass production is the production of large amounts of standardised products on production lines. ...


Despite their successes elsewhere, Ericsson never made significant sales into the United States. The Bell Group and local companies like Kellogg and Automatic Electric had this market tied up. Ericssons eventually sold its US assets. In contrast, sales in Mexico were good and led to further development into South American countries. South Africa and China were also generating significant sales. With his company now multinational, and growing strongly, Lars Ericsson stepped down from the company in 1901. KBR (formerly Kellogg Brown and Root) NYSE: KBR is an American engineering and construction company, formerly a subsidiary of Halliburton, based in Houston. ... Automatic Electric Company was a telephone equipment supplier for independent phone companies similar in many ways to the Bell Systems Western Electric. ... South America South America is a continent crossed by the equator, with most of its area in the Southern Hemisphere. ... multinational corporation (or transnational corporation) (MNC/TNC) is a corporation or enterprise that manages production establishments or delivers services in at least two countries. ...


20th century: share ownership

LM Ericsson's former headquarters at Telefonplan in Stockholm
LM Ericsson's former headquarters at Telefonplan in Stockholm

In a curious oversight, Ericsson ignored the growth of automatic telephony in the US. Instead it concentrated on squeezing the most sales out of manual exchange designs. By 1910, this weakness was becoming seriously apparent, and the company spent the years up to 1920 correcting the situation. Their first dial phone was produced in 1921, although sales of the early automatic switching systems were slow until the equipment had proved itself on the world's markets. Phones of this period were characterised by a simpler design and finish, and many of the early automatic desk phones in Ericsson's catalogues were simply the proven magneto styles with a dial stuck on the front and appropriate changes to the electronics. A concession to style was in the elaborate decals (transfers) that decorated the cases. These phones have been also highly collectable and attractive. Image File history File linksMetadata Download high-resolution version (2272x1704, 1508 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Ericsson Telefonplan Metadata This file contains additional information, probably added from the digital camera or scanner used to... Image File history File linksMetadata Download high-resolution version (2272x1704, 1508 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Ericsson Telefonplan Metadata This file contains additional information, probably added from the digital camera or scanner used to... Telefonplan Telefonplan is an area south of Södermalm in Stockholm. ...


World War I, the subsequent Great Depression, and the loss of its Russian assets after the Revolution slowed the company's development and restricted its sales to countries such as Australia. “The Great War ” redirects here. ... For other uses, see The Great Depression (disambiguation). ... The Russian Revolution (1917) was a series of economic and social upheavals in Russia, involving first the overthrow of the tsarist autocracy, and then the overthrow of the liberal and moderate-socialist Provisional Government, resulting in the establishment of Soviet power under the control of the Bolshevik party. ...


The purchase of other related companies put pressure on Ericsson's finances, and in 1925, Karl Fredric Wincrantz took control of the company by acquiring the majority of the shares. Wincrantz was partly funded by Ivar Kreuger, an international financier. The company was renamed Telefon AB LM Ericsson. At this time, Kreuger started showing interest in the company, being a major owner of Wincrantz holding companies. Ivar Kreuger (March 2, 1880 – March 12, 1932) was a Swedish financier, entrepreneur and industrialist. ... Financier (IPA: /ˌfi nãn ˈsjei/) is an elegant term for a person who handles large sums of money, usually involving money lending, financing projects, large-scale investing, or large-scale money management. ...


In 1928, Ericsson began its long tradition of "A" and "B" shares, where an "A" share has 1000 votes against a "B" share. Wincrantz controlled the company by having only a few "A" shares, not a majority of the shares. By issuing a lot of "B" shares, much more money was fed to the company, while maintaining the status quo of power distribution.


In 1930, a second issue of "B"-shares took place, and Kreuger gained majority control of the company with a mixture of "A" and "B" shares. He bought these shares with money lent by LM Ericsson, with security given in German state bonds. He then took a large loan for his own company Kreuger & Toll from ITT Corporation (administered by Sosthenes Behn), giving large parts of LM Ericsson as security, and used its assets and name in a series of doubtful international financial dealings that had little to do with telephony. Collateral within a financial context is used to indicate assets that secure a debt obligation. ... For alternative meanings, see bond (a disambiguation page). ... AB Kreuger & Toll was a company founded by the two Swedish engineers, Ivar Kreuger and Paul Toll. ... For other uses, see ITT (disambiguation). ... Sosthenes Behn (1882 - 1957) Born in the Danish East Indies (St. ... In telecommunication, Telephony encompasses the general use of equipment to provide voice communication over distances. ...


Financially weakened, Ericsson was now being seen as a take over target by ITT, its main international competitor. In 1931 ITT acquired from Kreuger enough shares to have a majority interest in Ericsson. This news was not made public for some time. There was a government imposed limit on foreign shareholdings in Swedish companies, so for the time being the shares were still listed in Kreuger's name. Kreuger in return was to gain shares in ITT. He stood to make a profit of $11 million on the deal. When ITT's Behn wanted to cancel this deal in 1932, he discovered that there was no money left in the company, just a large claim on the same Kreuger & Toll that Kreuger had himself lent money to. Kreuger had effectively bought LM Ericsson with its own money.


With Kreuger no longer in control, the company's shaky financial position became quickly evident. Kreuger had been using the company as security for loans, and despite his profits, was unable to repay these loans. Ericsson found that they had invested in some very doubtful share deals, whose the probable losses were significant. ITT examined the deal and found that it had been mislead quite seriously about the Ericsson's value. It summoned Kreuger to New York City for a conference, but Kreuger had a "breakdown". As word of Kreuger's financial position spread, pressure was put on him by the banking institutions to provide security for his loans. ITT cancelled the deal to buy Ericsson shares. Kreuger could not repay the $11 million, and committed suicide in Paris in 1932. ITT owned one third of Ericsson, but was forbidden to exercise this ownership because of a paragraph in the articles of association stating that no foreign investor was allowed to control more than 20% of the votes. New York, New York and NYC redirect here. ... This article is about the capital of France. ...



Ericsson, a basically stable and profitable company, was only saved from bankruptcy and closure with help of loyal banks and some government backing. Marcus Wallenberg Jr negotiated a deal with several Swedish banks to rebuild Ericsson financially. Some of those were Stockholms Enskilda Bank (after a later merger part of the present Skandinaviska Enskilda Banken) and other Swedish investment banks controlled by the Wallenberg family. Then gradually increased their possession of LM Ericsson "A" shares, with ITT still being the single largest owner. In 1960 the Wallenberg family struck a deal with ITT to buy its shares in Ericsson, and has since controlled the company, under the "Wallenberg sphere". The Wallenberg family is one of the most influential and wealthy families in Sweden, renowned as bankers and industrialists. ... SEB in Estonia SEB, or Skandinaviska Enskilda Banken AB (publ. ... SEB or Skandinaviska Enskilda Banken AB, is a North-European financial group for corporate customers, institutions and private individuals. ...


In the 1920s and 1930s, the world telephone markets were being organised and stabilized by many governments. The fragmented town-by-town systems which had grown up over the years, serviced by many small private companies, were integrated and offered for lease to a single company. Ericsson managed to obtain some leases, which was vital to the company as it represented further sales of equipment to the growing networks. The other large telephone companies, of course, had exactly the same goal. Ericsson managed to get almost one third of its sales under the control of its telephone operating companies. A telephone operator at work on a private switchboard A telephone operator is either a person who provides assistance to a telephone caller, usually in the placing of operator assisted telephone calls such as calls from a pay phone, collect calls (called reversed-charge calls in the UK), calls which...


There were a number of negotiations between the major telephone companies aimed at dividing up the world between them, but the sheer size of the ITT empire made it hard to compete with. With its financial problems, Ericsson was forced to reduce its involvement in telephone operating companies and go back to what it did best, manufacturing telephones and switchgear. It could do this easily now, thanks to its overseas manufacturing facilities and its associated supply companies. These had not been involved in the previous shady financial dealings and were generally in a sound position. The Beeston factory in Britain became a very useful asset here. It had been a joint venture between Ericsson and the National Telephone Company. The factory built automatic switching equipment for the BPO under license from Strowger, and exported a large amount of product to former colonies like South Africa and Australia. The British government divided its equipment contracts between competing manufacturers, but Ericsson's presence and manufacturing facilities in Britain allowed it to get most of the contracts. Ericsson equipment maintained its reputation for quality. For other uses, see Telephone (disambiguation). ... A section of a large switchgear panel, in this case, used to control on-board casino boat power generation. ... Beeston is a town in the county of Nottinghamshire, England some 3 miles (5 km) south west of the centre of Nottingham. ...


Sales drives resumed after the Great Depression, but the company never achieved the market penetration that it had at the turn of the century. Although it still produced a full range of phones, switching equipment was becoming a more important part of its range. The distinctive Ericsson styles soon became subdued by the increasing use of moulded thermoplastic phones (Bakelite, etc). For other uses, see Plastic (disambiguation). ... Bakelite is a material based on the thermosetting phenol formaldehyde resin, polyoxybenzylmethylenglycolanhydride developed in 1907–1909 by Belgian-American Dr. Leo Baekeland. ...


Yet, Ericsson remained a world telecommunications leader. It released one of the world's first handsfree speaker phones in the 1960s. In 1956, it released the Ericofon, which was such a radical departure in styling that it has been highly collectable. Ericcson crossbar switching equipment is the mainstay of many telephone administrations around the world, and its influence is still felt strongly in such areas as mobile phones with its reputation for quality. An Ericofon The Ericofon is a cult telephone handset created by Ericsson. ...


21st century: acquisitions, expansion, consolidation and cooperation

As the Internet and wireless telephony began to merge during the turn of the century, Motorola (US), Ericsson, and Nokia (Finland) announced plans to develop standards jointly for the security of electronic transactions over mobile devices in 2000. In May 2000 the European Commission created the Wireless Strategic Initiative,[3] a consortium of four leading telecommunications suppliers in Europe — Ericsson, Nokia, France-based Alcatel, and German Siemens AG — to develop and test new prototypes for advanced wireless communications systems. After meeting with an international think tank, the consortium partners in December 2000 invited other companies to join them in a Wireless World Research Forum held in 2001. ... Motorola Inc. ... This article is about the telecommunications corporation. ... Berlaymont, the Commissions seat The European Commission (formally the Commission of the European Communities) is the executive branch of the European Union. ... Alcatel SA is a global company, headquartered in France that provides hardware, software and services to telecommunications service providers and enterprises. ... Siemens redirects here. ...


In 2000, the bursting of the information technology bubble had marked economic implications for Sweden. Ericsson, the world's largest producer of mobile telecommunications equipment, shed thousands of jobs, as did the country's once fast-expanding Internet consulting firms and dot-com start-ups. In 2000, Intel Corp., the world's largest chip manufacturer, signed a $1.5 billion deal to supply flash memory to LM Ericsson over the next three years. The dot-com bubble was a speculative bubble covering roughly 1995–2001 during which stock markets in Western nations saw their value increase rapidly from growth in the new Internet sector and related fields. ... The Economy of Sweden is modern and highly industrialised. ... This article does not cite any references or sources. ... The following article is about the multinational corporation; intel is also an abbreviation for intelligence, used in reference to military intelligence and espionage. ... A USB flash drive. ...


In 2001 telecommunications companies around the world experienced a year of tumbling stock prices and huge job losses. By September the stock market valuation of the world's telecom carriers and suppliers had declined by $3.8 trillion from a peak of $6.3 trillion in March 2000. More than a quarter of a million jobs were lost globally in the second quarter of 2001 alone. The major equipment manufacturers — Motorola (US), Lucent Technologies (US), and Cisco Systems (US), Marconi (UK), Siemens AG (Germany), Nokia (Finland), as well as Ericsson — all announced job cuts both in their home countries and in subsidiaries around the world. Some of the biggest losses were announced by the Canadian supplier Nortel Networks Ltd., which shed 50% of its workforce (almost 50,000 jobs). In France equipment manufacturer Alcatel cut 33,000 jobs (almost a third of its employees). Motorola Inc. ... On September 30, 1996, AT&T spun off its Systems and Technology units (AT&T Technologies, Inc. ... “Cisco” redirects here. ... The telent plc is a radio, telecommunication, and internet equipment manufacturing company, formerly known as The General Electric Company (GEC), Marconi plc and Marconi Corporation plc. ... Siemens redirects here. ... This article is about the telecommunications corporation. ... Nortel Networks Corporation TSX: NT NYSE: NT, formerly known as Northern Telecom Limited and now known simply as Nortel, is a multinational telecommunications equipment manufacturer headquartered in Toronto, Canada. ...


In April 2001, Ericsson and Sony Corp of Japan announced that they were setting up a joint venture, based in London, to combine their cellular handset manufacturing businesses. Sony Corporation ) is a Japanese multinational corporation and one of the worlds largest media conglomerates with revenue of $66. ... A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. ... This article is about the capital of England and the United Kingdom. ...


Financially, 2002 was even worse for the global Internet and telecommunications industry than the previous year had been due the excesses of the investment bubbles. LM Ericsson, Royal KPN NV, Vodafone Group PLC, and Deutsche Telekom AG experienced the biggest losses in corporate history. The telecommunications sector's problems brought bankruptcies, criminal investigations, and job losses and led to changes in the leadership of a number of major companies. The most high-profile victim in 2002 was Ericsson, then the world's largest producer of wireless telecom systems, as it was forced to let go thousands of staff and raise about $3 billion from its shareholders. Vodafones corporate logo is the outline of a SIM card Vodafone is a multinational mobile phone operator with headquarters in Newbury, Berkshire, United Kingdom and Düsseldorf, Germany. ... DTAG corporate headquartiers, Bonn The Deutsche Telekom AG (NYSE: DT) (abbreviated DTAG) is the biggest German telecommunications company. ... A shareholder or stockholder is an individual or company (including a corporation) that legally owns one or more shares of stock in a joint stock company. ...


In June 2002, Infineon Technologies AG (then the sixth largest semiconductor supplier and a subsidiary of Siemens AG) bought the microelectronics unit of LM Ericsson for €400 million. For the raceway, see Infineon Raceway. ... A semiconductor is a solid material that has electrical conductivity in between that of a conductor and that of an insulator; it can vary over that wide range either permanently or dynamically. ... Siemens redirects here. ... Microelectronics is a subfield of electronics. ... The euro (€; ISO 4217 code EUR) is the currency of twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. ...


In October 2005, LM Ericsson acquired the bulk of the troubled British telecoms manufacturer Marconi, including the Marconi brand name, which dates back to the creation of the original Marconi Company by the "father of radio" Guglielmo Marconi. In September 2006, LM Ericsson sold the greater part of its defense business Ericsson Microwave Systems, which mainly produced sensor and radar systems, to SAAB AB, which renamed the company to Saab Microwave Systems. The sale meant that Saab Ericsson Space, previously a joint venture, is now fully owned by SAAB. Not included in the sale to Saab was the National Security & Public Safety division, which was transfered to Ericsson West with the sale. In November 2006, LM Ericsson purchased the UIQ software business for smartphones from Symbian. The telent plc is a radio, telecommunication, and internet equipment manufacturing company, formerly known as The General Electric Company (GEC), Marconi plc and Marconi Corporation plc. ... The Marconi Company Ltd. ... For the inventor of radio, see the competing claims in history of radio and the invention of radio. ... Defence or defense can refer to: For defence of a doctoral dissertation see thesis committee defense (military) Civil defense measures and emergency preparedness war, a euphemism for defense industry (disambiguation) defense (legal) , against prosecution and liability For defense against an attacker: self-defense Self-defense (theory) and defense of property... For the manufacturer of Saab cars, see Saab Automobile. ... Saab Ericsson Space was a joint venture between Saab and Ericsson, but is now fully owned by Saab after its acquisition of Ericsson Microwave Systems in June 12, 2006. ... A Sony Ericsson Smartphone (Model P910i) with touch screen and QWERTY keyboard Look up smartphone in Wiktionary, the free dictionary. ... Symbian OS is an operating system with associated libraries, user interface frameworks and reference implementations of common tools, produced by Symbian. ...


In January 2007, LM Ericsson completed the merger of its indirect wholly owned subsidiary, Maxwell Acquisition Corporation, with and into Redback Networks Inc. (Redback), with Redback surviving the merger as a wholly owned subsidiary of LM Ericsson. In February 2007, LM Ericsson acquired Entrisphere, a company providing fiber access technology, based in the United States. In September 2007, LM Ericsson acquired an 84% interest in German software firm, LHS Inc. Redback Networks, Inc. ... LHS is a three letter acronym which can stand for: In statistics, Latin Hypercube Sampling The Lawrence Hall of Science interactive museum in Berkeley, California The Left-Hand Side of an equation Linia Hutnicza Szerokotorowa - a unique broad gauge railway line in Poland Luyten Half-Second star catalogue LHS can...


Major competitors today include Alcatel-Lucent, Nortel, Huawei, Nokia Siemens, Cisco, IBM, EDS, Accenture, Nokia, Motorola, Samsung, LG Electronics, NEC, Sharp and most recently Apple Inc. (For more details, see the last template at the end of the page.) Alcatel Lucent (or Alcatel-Lucent according to some sources) is the name of the new company formed after the merge agreement signed by Alcatel and Lucent Technologies. ... Northern Telecommunications Networks, commonly known as Nortel, is a telecommunications equipment manufacturer headquartered in Canada. ... Huawei Technologies Co. ... Nokia Siemens Networks (NSN) is a telecommunications solutions supplier which was created as the result of a merger (by means of a 50-50 joint venture) between Siemens AGs COM division (minus its Enterprise business unit) and Nokias Network Business Group. ... Cisco may refer to: Cisco Systems, a computer networking company Cisco IOS, an internet router operating system CISCO Security Private Limited, a security company in Singapore Commercial and Industrial Security Corporation, a statutory board in Singapore Abbreviation for San Francisco, California Cisco (wine) The Cisco Kid, a fictional character created... For other uses, see IBM (disambiguation) and Big Blue. ... EDS may refer to: Ed. ... Accenture (NYSE: ACN, ISIN: BMG1150G1116) is a global management consulting, technology services, and outsourcing company. ... This article is about the telecommunications corporation. ... Motorola Inc. ... Samsung Group is one of the largest South Korean business groupings. ... LG Electronics (KRXS: 066570, LSE:LGLD) is a South Korean multinational corporation and one of the worlds largest electronics companies. ... For other uses, see NEC (disambiguation). ... The word sharp or acronym SHARP has several uses: Look up sharp in Wiktionary, the free dictionary. ... Apple Inc. ...


Corporate governance

Current members of the board of directors of LM Ericsson are: Monica Bergström, Peter Bonfield, Kristina Davidsson, Börje Ekholm, Anna Guldstrand, Jan Hedlund, Katherine Hudson, Ulf Johansson, Per Lindh, Sverker Martin-Löf, Nancy McKinstry, Torbjörn Nyman, Anders Nyrén, Carl-Henric Svanberg, Michael Treschow and Marcus Wallenberg.[1] Chairman of the Board redirects here. ... Sir Peter Bonfield CBE FREng is the retired Chairman of BT and ICL He is a Fellow of the Royal Academy of Engineering. ... Ulf Johansson (born May 26, 1967). ... Nancy McKinstry (born 4 January 1959 in Connecticut, USA) is CEO and Chairman of the Executive Board of Wolters Kluwer. ... Carl-Henric Svanberg (born May 29, 1952, Porjus, Norrbottens län) is a Swedish businessman who is the current CEO of telecommunications company Ericsson. ... Michael Treschow (born April 22, 1943, Helsingborg, SkÃ¥ne län) is a Swedish businessman. ... The Wallenberg family is one of the most influential and wealthy families in Sweden, renowned as bankers and industrialists. ...


Products and services

LM Ericsson offers end-to-end solutions for all major mobile communication standards, and has three business segments.

  • The Systems segment focuses on operations of mobile and fixed line public telephone networks.
  • The Phones segment focuses on distribution of mobile handsets to end users.
  • The Other Operations segment consists of a number of various operations including Ericsson Mobile Platforms, Network Technologies (Cables), Enterprise and Power Modules.

Systems segment: Mobile and fixed networks

LM Ericsson provides mobile systems solutions to network operators. Its systems offerings include radio base stations, base station and radio network controllers, mobile switching centers and service application nodes. Its end-to-end solutions offer operators a network migration to 3G. In any computer communication, there are n >= 2 end points, called end systems or hosts. End-to-end in e-commerce, connects people who want to sell and buy. ... 3G is the third generation of mobile phone standards and technology, superseding 2G. It is based on the International Telecommunication Union (ITU) family of standards under the International Mobile Telecommunications programme, IMT-2000. // Main article: IMT-2000 International Telecommunications Union (ITU): IMT-2000 consists of six radio interfaces W-CDMA...


Mobile access

Ericsson provides mobile telecommunications systems that incorporate any of the major second-generation (2G) (global system for mobile communications (GSM), time division multiple access (TDMA), code division multiple access (CDMA)), 2.5G (general packet radio service (GPRS)) and 3G (enhanced data for GSM evolution (EDGE), wideband code division multiple access (WCDMA), high-speed downlink packet access (HSDPA), code division multiple access (third generation cellular/radio technology) (CDMA2000), time division synchronous code division multiple access (TD-SCDMA)) mobile technology standards. It is able to offer tailored solutions to a network operator, regardless of the existing network standard used. Ericsson is actively involved in the development of standards for the Long-Term Evolution (LTE) of 3G. This article does not cite any references or sources. ... For other uses, see GSM (disambiguation). ... Time Division Multiple Access (TDMA) is a technology for shared medium (usually radio) networks. ... General Information Generically (as a multiplexing scheme), code division multiple access (CDMA) is any use of any form of spread spectrum by multiple transmitters to send to the same receiver on the same frequency channel at the same time without harmful interference. ... 2. ... General Packet Radio Service (GPRS) is a mobile data service available to users of GSM mobile phones. ... 3G is the third generation of mobile phone standards and technology, superseding 2G. It is based on the International Telecommunication Union (ITU) family of standards under the International Mobile Telecommunications programme, IMT-2000. // Main article: IMT-2000 International Telecommunications Union (ITU): IMT-2000 consists of six radio interfaces W-CDMA... Enhanced Data rates for GSM Evolution (EDGE) or Enhanced GPRS (EGPRS), is a digital mobile phone technology that allows increased data transmission rates and improved data transmission reliability. ... W-CDMA (Wideband Code Division Multiple Access), a wideband spread-spectrum 3G mobile telecommuncation air interface that utilizes code division multiple access (or CDMA the general multiplexing scheme, not to be confused with CDMA the standard), is a 3G mobile communications standard allied with the GSM standard. ... High-Speed Downlink Packet Access or HSDPA is a mobile telephony protocol. ... CDMA2000 is a hybrid 2. ... TD-SCDMA (Time Division-Synchronous Code Division Multiple Access) is a 3G mobile telecommunications standard, being pursued in the Peoples Republic of China by the Chinese Academy of Telecommunications Technology (CATT), Datang and Siemens AG, in an attempt to develop home-grown technology and not be dependent on Western...


Fixed broadband access

The expansion of Ericsson's fixed broadband offering is an important step to address network operators as they begin integrating their fixed and mobile networks. It supplys broadband multi-service communications equipment and services mainly to fixed network operators in Latin America and Europe. Its solution for such multi-service networks utilizes a layered soft-switch service and control architecture, combined with broadband access and core network routing and transmission elements. Fixed network equipment and associated network rollout services account for 7% of Systems sales.


Radio access networks

LM Ericsson offers a portfolio of radio base stations ranging from small pico cells (small cells in a mobile network that boost capacity and coverage within buildings) to high-capacity macro cell applications. Radio base stations provide access and interconnection between mobile handsets and the mobile network. A central feature of the 2G GSM radio base stations and base station controllers is their ability to be upgraded to enable 2.5G/GPRS and 3G/EDGE transmissions. Similarly, its WCDMA base stations can be upgraded to HSDPA. W-CDMA (Wideband Code Division Multiple Access), a wideband spread-spectrum 3G mobile telecommuncation air interface that utilizes code division multiple access (or CDMA the general multiplexing scheme, not to be confused with CDMA the standard), is a 3G mobile communications standard allied with the GSM standard. ... High-Speed Downlink Packet Access or HSDPA is a mobile telephony protocol. ...


Other elements of the radio access networks are the controllers for radio base stations and radio access network, which manage the traffic between the radio base stations and core networks. In 2G, base station controllers in conjunction with mobile switching centers, effect call handovers between radio base stations as subscribers move between cell sites while engaged in a voice call or data transmission. Similarly, in 3G networks, a radio network controller effects call handover in conjunction with mobility server nodes within the service layer. Data transmission is the conveyance of any kind of information from one space to another. ...


The core network nodes interconnect radio access networks with other parts of the network. Many of the core network switching systems, controllers for base stations and radio networks are built upon common platforms. Like its radio base station products, LM Ericsson's mobile switching products have scalability and capacity. Mobile network equipment and associated network rollout services account for approximately 74% of its sales.


IP core network (switching, routing, control and transport)

Ericsson's core network solutions include softswitch, IP infrastructure, IMS, media gateways and microwave and optical transport solutions to provide management of voice and data traffic.


Multimedia services and applications

Relationships with content and application partners enable Ericsson to deliver such solutions for mobile multimedia.


Phones segment

Further information: List of Sony Ericsson products

Sony Ericsson Mobile Communications AB (Sony Ericsson) delivers mobile phones, accessories and personal computer (PC) cards, which allow it to provide end-to-end solutions to its customers. Sony Ericsson is responsible for product design and development, as well as marketing, sales, distribution and customer services. About one-third of Sony Ericsson's handsets are produced at their factory in China. The remaining two-thirds of production is more or less equally split between contract manufacturers (EMS) and other device manufacturers (ODM) at locations in several countries in Asia, Latin America and Europe. The following is a partial list of products manufactured under the Sony Ericsson brand. ... For an arrangement of Sony Ericsson products, see list of Sony Ericsson products Sony Ericsson is a joint venture established in 2001 by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to make mobile phones. ... For other uses, see Asia (disambiguation). ... Latin America consists of the countries of South America and some of North America (including Central America and some the islands of the Caribbean) whose inhabitants mostly speak Romance languages, although Native American languages are also spoken. ... For other uses, see Europe (disambiguation). ...


Cellular telephones

Since the joint venture Sony Ericsson started in 2001, Ericsson does not make cellular phones by itself anymore, previous models include For an arrangement of Sony Ericsson products, see list of Sony Ericsson products Sony Ericsson is a joint venture established in 2001 by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to make mobile phones. ...

  • Ericsson GA628 - known for its z80 CPU
  • Ericsson A1018 - dualband cellphone, notably easy to hack. First to use graphical LCD display.
  • Ericsson T28 - Very slim and sophisticated phone. Uses advanced lithium polymer batteries. Ericsson T28 FAQ
  • Ericsson T39 - Similar to the T28, but with a GPRS modem and triband capabilities.
  • Ericsson T66
  • Ericsson T68 - first with color display, later branded as Sony Ericsson T68i
  • Ericsson R310s
  • Ericsson R380 - First cellphone to use Symbian OS
  • Ericsson R520 - Similar to the T39, but in a candybar form factor and with added convenience features such as a built-in speakerphone and an optical proximity sensor
  • Ericsson R600

This article does not cite any references or sources. ... Lithium-ion polymer batteries, or more commonly lithium polymer batteries (abbreviated Li-poly or LiPo) are rechargeable batteries which have technologically evolved from lithium-ion batteries. ... Released in September 2001, the Ericsson T66 remains the smallest and lightest mobile phone Ericsson (now Sony Ericsson) have produced to date. ... First color phone made by Ericsson. ... The Ericsson R310s, now supported by Sony Ericsson, was a mobile phone produced in the early 2000s in a rugged body designed for use in environments or ways which might easily damage a standard handset. ... Symbian OS is a proprietary operating system, designed for mobile devices, with associated libraries, user interface frameworks and reference implementations of common tools, produced by Symbian Ltd. ... A Speakerphone is a telephone with a microphone and loudspeaker provided separately from those in the handset. ...

Telephones

Ericsson Dialog is a telephone model by Ericsson, released 1964. ... An Ericofon The Ericofon is a cult telephone handset created by Ericsson. ...

Other Operations segment

Other Operations provides several other complementary technical solutions, which include Mobile Platforms, Enterprise, Network Technologies (cables), Power Modules and Microwave Systems (Defense). The defense business of Microwave Systems was divested to Saab AB on September 1, 2006. The remaining activities, National Security and Public Safety solutions, were transferred to the Systems segment. Up until September 1, 2006, Microwave Systems provided national security and public safety solutions to defense, government and security agencies in Sweden and to more than 20 countries world wide. The unit supplied advanced airborne, terrestrial and marine radar systems, which were integrated into command, control and communication functionality. is the 244th day of the year (245th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...


Ericsson Mobile Platforms

Ericsson Mobile Platforms is a supplier of technology platforms for GSM/EDGE and WCDMA/HSPA platforms used in devices, such as mobile handsets and PC cards. Through Ericsson Mobile Platforms, LM Ericsson licenses open-standard, end-to-end interoperability tested GSM/EDGE and WCDMA technology platforms. The product offerings include reference designs, platform software, application-specific integrated circuit (ASIC) designs and development boards, development and test tools, training, support and documentation. Ericsson Mobile Platforms has operations at nine global locations, with main operations in Sweden. Ericsson Mobile Platforms AB is the name of the company within the Ericsson group that supplies mobile platforms, i. ...


Ericsson Network Technologies

Ericsson Network Technologies (Cables) unit provides a range of cable-related solutions for telecom and power networks. LM Ericsson is engaged in the passive fiber access network field including integration of copper, fiber optic and mobile technologies. About a third of the sales from its Cables group is attributable to inter-segment sales. Manufacturing is carried out in China, India, Malaysia and Sweden. For other uses, see Copper (disambiguation). ... Fiber Optic strands An optical fiber in American English or fibre in British English is a transparent thin fiber for transmitting light. ...

The AXE telephone exchange is a product line of circuit switched digital telephone exchanges manufactured by Ericsson, a Swedish telecom company. ... A typical BTS tower which holds the antenna. ... Network Switching Subsystem, or NSS, is the component of a GSM system that carries out switching functions and manages the communications between mobile phones and the Public Switched Telephone Network. ...

Ericsson Enterprise

Ericsson Enterprise provides communications systems and services that enable businesses, public entities and educational institutions to have seamless access to applications and services across multiple locations. It addresses a variety of enterprise needs through segmented offerings for both small and large enterprises. It focuses on providing solutions for voice over Internet protocol (VoIP)-based private branch exchanges (PBX), wireless local area networks (WLAN), and mobile intranet solutions. With Mobile Enterprise, users on the move are able to access a range of business-critical communications and information applications from a variety of devices over private or public, fixed or wireless networks. Ericsson Enterprise operates mainly from Sweden but has a global presence through the market units and other partners/distributors. Manufacturing is outsourced. In 2008, Ericsson Enterprise business is sold to Aastra, a global company at the forefront of the Enterprise Communication market. An overview of how VoIP works A typical analog telephone adapter for connecting an ordinary phone to a VoIP network A Voice over Internet Protocol (VoIP) is a protocol optimized for transmission of voice through the Internet or other packet switched networks. ... PBX redirects here. ... It has been suggested that wireless network interface cards be merged into this article or section. ... An intranet is a private computer network that uses Internet protocols, network connectivity to securely share part of an organizations information or operations with its employees. ...


Ericsson Power Modules

Ericsson Power Modules is a supplier of direct current (DC)/DC converters and DC/DC regulators, mainly to the communications industry, for advanced applications, such as multiplexors, switches, routers and radio base stations. Manufacturing is centralized to China.


Ericsson Microwave Systems

Ericsson Microwave Systems was sold to Saab AB in September 1, 2006. Saab Gripen SAAB (originally an acronym for Svenska Aeroplan AB, where AB stands for aktiebolaget (corporation)) AB was founded as a Swedish aircraft concern in 1937 in the city of Linköping, in Sweden. ... is the 244th day of the year (245th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...


Services

The professional services portfolio includes capability in consulting, education, systems integration, managed services, network rollout, deployment and optimization and technical/customer support services. The Company offers managed services capabilities within the telecom industry. Its offerings cover management of day-to-day operations of a customer's network (Home internet Solution), including a managed capacity service for a network build out and on-demand capacity, as well as hosting of applications and content management. LM Ericsson's Internet Payment eXchange (IPX) service facilitates payment and distribution of content by interconnecting content providers, media companies, governments and consumer brands with operators. By outsourcing certain activities to Ericsson, operators focus on their core business of attracting, serving and retaining customers. Ericsson's services organization has 26,000 professionals in 140 countries. Home Internet Solution (HIS) is a DSL technology for Internet access developed by the Swedish telephone company Ericsson. ... This article is in need of attention. ... Outsourcing is subcontracting a process, such as product design or manufacturing, to a third-party company. ...


.mobi and mobile internet

Ericsson was instrumental, as an official backer, in the launch of the .mobi top level domain created specifically for the mobile internet.[4] Since the launch of .mobi in September 2006, Ericsson has launched Ericsson.mobi, its mobile portal, and SonyEricsson.mobi, the mobile portal of Sony Ericsson. Additionally, Ericsson hosts a mobile developer program called Ericsson Mobility World, designed to encourage fast development of mobile internet applications and services.[5] .mobi (also known as DotMobi) is a top-level domain approved by ICANN and managed by the mTLD global registry dedicated to delivering the Internet to mobile devices via the Mobile Web. ... Pocket Internet Explorer displaying the Wikipedia main page on a PDA Opera Mini displaying the Wikipedia portal The refers to the World Wide Web as accessed from mobile devices such as cell phones, PDAs, and other pocketable gadgets connected to a public network. ... .mobi (also known as DotMobi) is a top-level domain approved by ICANN and managed by the mTLD global registry dedicated to delivering the Internet to mobile devices via the Mobile Web. ... For an arrangement of Sony Ericsson products, see list of Sony Ericsson products Sony Ericsson is a joint venture established in 2001 by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to make mobile phones. ...


See also

Investor AB is a Swedish investment company, founded in 1916 and still controlled by the Wallenberg family. ... For an arrangement of Sony Ericsson products, see list of Sony Ericsson products Sony Ericsson is a joint venture established in 2001 by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to make mobile phones. ... The following is a partial list of products manufactured under the Sony Ericsson brand. ... This article or section does not cite its references or sources. ... Ericsson Nikola Tesla is the Croatian subsidiary of the Swedish telecommunications equipment manufacturer Ericsson. ...

References

Further reading

  • John Meurling & Richard Jeans (1994) A switch in time: AXE — creating a foundation for the information age. London: Communications Week International. ISBN 0-9524031-1-0.
  • John Meurling & Richard Jeans (1997). The ugly duckling. Stockholm: Ericsson Mobile Communications. ISBN 91-630-5452-3.
  • John Meurling & Richard Jeans (2000). The Ericsson Chronicle: 125 years in telecommunications. Stockholm: Informationsförlaget. ISBN 91-7736-464-3.
  • The Mobile Phone Book: The Invention of the Mobile Telephone Industry. ISBN 0-9524031-0-2
  • Mobile media and applications - from concept to cash: successful service creation and launch. ISBN 0-470-01747-3

External links

Ericsson

Profiles


  Results from FactBites:
 
Careers at Ericsson (291 words)
Business Unit Global Services focuses on supporting operators to grow their business by improving net subscriber revenue, becoming more operationally efficient, and seamlessly evolving their network to meet current and future demands.
Ericsson offers a unique teamwork environment, a heavy investment in your competence development, and competitive compensation.
Ericsson Research performs cutting-edge research through cooperation with partners, customers, universities and research institutes around the world, as well as within the global Ericsson organization.
CNN.com - Ericsson posts hefty loss - Jan. 25, 2002 (506 words)
Ericsson, like Nokia and Motorola, is suffering as telecom operators slash spending and cut debt amid a global economic slowdown.
Ericsson's pretax loss in the last quarter of 2001 was 5.1 billion crowns, down from 5.8 billion in the third quarter.
Ericsson's sales forecast is less upbeat than that of Nokia, which on Thursday forecast it would increase sales 15 percent this year after a weaker first quarter.
  More results at FactBites »

 
 

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