Ericsson is conducting its largest layoff round in years after confirming it will lay off approximately 8 percent of its global workforce. Swedish tech giant Ericsson is laying off 8,500 employees ...

DAVOS, Switzerland, Jan 23 (Reuters) - Swedish telecom gear maker Ericsson expects the United States to continue to be at the forefront of technology development under President Donald Trump ...

Ericsson’s 5G Smart Factory in Lewisville, TX, is part of the next generation of manufacturing—but that means it may not offer a lot of jobs. The 300,000-square-foot smart factory opened in ...

We now look forward to growing Ericsson’s IPR revenues with additional 5G agreements and expansion into additional licensing areas, such as IoT and consumer electronics.” The financial impact ...

Ericsson ERIC recently announced that it has helped Telstra achieve a peak downlink speed of 9.4 Gbps on Telstra’s live commercial 5G Standalone network. With this breakthrough, the Australian ...

Ericsson stock (NASDAQ: ERIC) has increased by about 34% in 2024, outperforming the broader indices. Ericsson reported third-quarter results that exceeded expectations, with sales totaling SEK 61. ...

Ericsson's Q4 2024 sales grew 1% Y/Y to SEK 72.9B, with 54% growth in North America; EPS of $0.13 missed estimates of $0.19. Adjusted gross margin rose to 46.3% from 41.1% Y/Y; free cash flow hit ...

Ericsson and Nokia issued a stark warning about Europe’s lagging position in the global technology race urging to take swift ...

Ericsson has reported its full year results, with sales declining by 5 per cent, impacted by a 6 per cent sales decrease in Networks. Reported sales were SEK 247.9 billion (€21.6bn). Adjusted gross ...