Tag: Ericsson

Here you will find all the articles with the tag: Ericsson.

Patent deal with Ericsson should bring Huawei new revenue

Patent deal with Ericsson should bring Huawei new revenue

Huawei and Ericsson have signed a long-term reciprocal patent deal for mobile network technology. The deal should generate new revenue for Huawei, now that many European countries are banning Chinese technology from mobile networks. Huawei is suffering greatly from sanctions imposed by many Euro... Read more

date6 months ago
Ericsson pleads guilty to federal bribery, will pay a $206M fine

Ericsson pleads guilty to federal bribery, will pay a $206M fine

The decision comes after the Swedish company violated a 2019 deferred prosecution agreement (DPA) with the US Department of Justice (DoJ). The company was found to have withheld evidence involving misconduct in several foreign states and failed to provide prompt and sufficient information regarding... Read more

date12 months ago
Ericsson to lay off 8,500 workers

Ericsson to lay off 8,500 workers

The massive job cuts were announced in an internal memo to employees Ericsson, the Swedish telecoms equipment manufacturer, is planning to cut 8,500 jobs, according to an internal memo to employees that was obtained by Reuters. The drastic measure is intended to help the company cut costs, Reute... Read more

date12 months ago
Deutsche Telecom, Ericsson and Google partner for 5G Edge calling

Deutsche Telecom, Ericsson and Google partner for 5G Edge calling

The three companies have reached a milestone in their joint development 5G Core VoIP project Deutsche Telekom, Ericsson and Google Cloud have announced a significant milestone in their strategic partnership to bring cloud infrastructure closer to mobile devices at the network edge. This week th... Read more

date1 year ago
Ericsson to cut 1,400 jobs in Sweden

Ericsson to cut 1,400 jobs in Sweden

The move is part of a major cost-cutting plan that could include additional layoffs elsewhere. Ericsson, the Swedish telecoms manufacturer, plans to cut around 1,400 jobs in Sweden, according to a report in Reuters. The move is part of a broader plan to reduce costs globally, the company said. T... Read more

date1 year ago
Ericsson and Apple end long-lasting patent dispute

Ericsson and Apple end long-lasting patent dispute

Ericsson and Apple have agreed to conclude a long-lasting patent dispute. In addition to shaking hands, the organizations announced closer cooperation. The now-resolved dispute started in 2015 and involved patents for 5G technology. Years ago, Ericsson permitted Apple to use its 5G patents t... Read more

date1 year ago
Ericsson funds research to make 6G available by 2030

Ericsson funds research to make 6G available by 2030

Network equipment manufacturer Ericsson plans to invest tens of millions of euros in UK-based 6G research. The organization expects 6G networks to be commercially available by 2030. Ericsson supplies 5G equipment to the UK's largest mobile network operators. The Swedish organization recently an... Read more

date1 year ago
Activist investor calls on Ericsson to ‘drain the swamp’

Activist investor calls on Ericsson to ‘drain the swamp’

The investor is demanding that Ericsson clean up its act and eliminate losses. Activist investor Cevian Capital called Ericsson's third-quarter results "disappointing” and demanded changes be made, according to Bloomberg News. The call came after the telecom network provider reported profit th... Read more

date1 year ago
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