Ericsson

2025.04.15

21:32

Ericsson rose nearly 7%

Ericsson rose nearly 7%, with adjusted EBIT reaching 6.21 billion Swedish kronor in the first quarter, exceeding analysts' average expectation of 5 billion Swedish kronor as telecom operators increased spending on 5G equipment.

2025.04.03

22:40

Ericsson and Lenovo reach settlement in patent lawsuit

Ericsson announced on April 3 that it had reached a settlement agreement with Lenovo Group to resolve a patent licensing dispute between the two parties regarding a multi-year global patent cross-licensing agreement. As part of the settlement agreement, all lawsuits and administrative proceedings currently filed by the two companies in multiple countries, including those pending at the U.S. International Trade Commission (USITC), will be withdrawn. Ericsson said it expects to recognize financial impacts starting in the second quarter of 2025, and the remaining patent licensing disputes will be fully resolved through arbitration proceedings between the two parties.

2025.03.27

17:21

Nanjing Panda: Ericsson intends to purchase the 49% equity of ENC held by the company and other ENC Chinese shareholders

Nanjing Panda announced that the company and other Chinese shareholders of ENC recently received written information from Ericsson, stating that Ericsson intends to purchase the 49% equity of ENC held by the company and other Chinese shareholders of ENC at a specific cash purchase price. The transaction is still subject to the necessary approvals and the results of the discussion of the detailed terms of the transaction by all parties. The company expects to recover no less than approximately RMB 250 million.

2025.03.20

20:58

The Ministry of Commerce held a symposium with Swedish and Norwegian enterprises

On March 20, Ling Ji, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations, hosted a symposium with Swedish and Norwegian companies. Swedish Ambassador to China Osborn, Norwegian Ambassador to China David Dewey, and representatives of more than ten Swedish and Norwegian companies including the China Swedish Chamber of Commerce, Ericsson, Scania, and Yara International attended the meeting. Ling Ji said that unilateralism and protectionism represented by tariff barriers are constantly disrupting the security and stability of the global supply chain and undermining the foundation of the multilateral trading system. China and European countries should strengthen trade and investment cooperation, safeguard WTO rules, and respond to external challenges. China's economy is improving in the long run, its super-large-scale market is full of vitality, its new quality productivity is booming, and its high-level opening-up is being steadily promoted, providing investors from all countries with stable and good expectations. Swedish and Norwegian companies have comparative advantages in green and low-carbon, intelligent manufacturing, information technology, shipping and maritime, and investing in China is a mutually beneficial and win-win choice. The Ministry of Commerce is willing to conduct regular communication and exchanges with foreign-funded enterprises and try its best to promote the resolution of the reasonable demands and concerns of enterprises. The delegates at the meeting all expressed their firm support for multilateralism and free trade, fully affirmed China's stable economic development, complete and efficient supply chain system, and vibrant innovation ecosystem, and said they would further increase investment and R&D input in China. Walking with China means walking with the future.

2025.03.03

15:29

Intel showcases Xeon 6 processor-based network infrastructure at MWC2025

During the 2025 Mobile World Congress (MWC) held in Barcelona, Spain, Intel demonstrated the basic network facilities of the Intel Xeon 6 processor with integrated AI functions. Compared with previous generations of products, the Intel Xeon 6 server processor chip has up to 2.4 times the radio access network (RAN) capacity and 70% performance per watt improvement. The integrated artificial intelligence accelerator improves the performance of AI RAN (artificial intelligence radio access network) by up to 3.2 times. At the same time, through in-depth cooperation with 5G core network solution partners such as Ericsson, Nokia, and Samsung, the implementation of Intel Xeon 6 products in 5G networks has been further accelerated.

2025.01.24

17:03

Ericsson CEO: 6G will be the evolution of 5G, not a completely new generation of network.

17:01

Ericsson CEO: 5G has not yet been fully deployed and is still in the early stages of the 5G cycle.

14:58

Ericsson CEO: India may take several years to resume growth.

2025.01.16

19:09

Ericsson (ERIC.O) CEO: EU needs to relax regulations to keep up with U.S. President-elect Trump.

2024.12.20

16:16

Ericsson: Smartphone users using generative AI applications weekly will increase 2.5 times in the next five years

A report released by Ericsson Consumer Lab shows that the number of smartphone users using generative AI applications weekly is expected to increase 2.5 times in the next five years. Ericsson's survey shows that 20% of users are actively seeking higher-speed connections for key AI applications and are willing to pay for them. In China, this number has reached 27%.

2022.01.19

10:56

Ericsson sues Apple for 5G patent infringement again

Asian Tech Press (Jan 19) -- According to media reports, Ericsson has again filed a patent lawsuit against Apple, which is the latest round of "competition" between the two companies over the royalty issue of iPhone 5G wireless patents.

2021.10.20

04:55

Ericsson plans to resize operations in China due to sales drop

Asian Tech Press (Oct 20) -- Swedish telecommunications company Ericsson said Tuesday that it plans to resize its operations in China due to a reduced market share in the country.

2021.09.09

07:41

Ericsson to reportedly abolish Nanjing R&D center in China

2021.07.28

06:26

TrendForce: Top 3 Global BS Vendors' Total Market Share Shrinks Slightly in 2021

According to TrendForce's research, Chinese and European telecom equipment vendors still account for more than 70% of the global market share in 2021, with the top three players being Huawei (China) 30%, Ericsson (Sweden) 23%, and Nokia (Finland) 20%.

2021.07.02

13:00

Malaysia appoints Ericsson over Huawei to build 5G network

The Malaysian government has awarded Sweden’s Ericsson an 11 billion ringgit ($ 2.6 billion) contract to design and build its 5G telecommunications network, snubbing Chinese competitor Huawei Technologies.

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