Ericsson (NASDAQ: ERIC) announced that, in accordance with IFRS accounting requirements, it will record a non-cash impairment charge of SEK 32 billion in the third quarter of 2023. The impairment charge represents 50% of the total amount of goodwill ...
Second quarter highlights – In line with expectations Group organic sales[1] declined by -9% YoY. Segment Networks sales[1] declined by -13%, while segment Enterprise sales[1] grew by 20%. Reported sales was SEK 64.4 (62.5) b. The sharp decline in ...
Second quarter highlights – In line with expectations Group organic sales[1] declined by -9% YoY. Segment Networks sales[1] declined by -13%, while segment Enterprise sales[1] grew by 20%. Reported sales was SEK 64.4 (62.5) b. The sharp decline in ...
Ericsson announced the appointment of Scott Dresser to the company’s Executive Team as Senior Vice President, Chief Legal Officer and Head of Group Function Legal Affairs & Compliance. Scott will join Ericsson on 21 March 2022 and be based ...
SmarTone and Ericsson to empower consumers and businesses with industry-first connectivity boost app
Ericsson (NASDAQ: ERIC) targets a market made up of billions of consumers and business-users globally with an end-user-ready application that boosts mobile connectivity when it is needed most – ensuring optimal mobile experiences. Called Ericsson Dynamic End-user Boost, the ...
Fourth quarter highlights Group organic sales grew by 2% YoY. Sales in Mainland China declined by SEK -1.8 b. (-3 percentage points), meaning that excluding Mainland China organic sales growth was 5%. Reported sales were SEK 71.3 (69.6) b. ...
Ericsson (NASDAQ: ERIC) and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cellular technologies. The cross-license agreement covers sales of network infrastructure and handsets from January 1, 2021. ...
The IoT Solutions World Congress (IoTSWC), the largest international event focused on innovation in the industrial internet of things (IIoT), will return to Fira de Barcelona’s Gran Via venue from 29 to 31 October. In its fifth year, the IoTSWC ...
Chengdu 23Mofang Bio-tech Company, a startup in Chengdu Tianfu Software Park, has recently published an academic paper on genome-wide association study of photic sneeze reflex in the Chinese population in the Scientific Reports journal under Nature. 23Mofang: Research method innovation Genetic testing, a rising life ...
As antenna technology is growing in importance, Ericsson (NASDAQ: ERIC) expands its Ericsson Radio System portfolio with new products and strengthens its antenna in-house competences and capabilities through the acquisition of Kathrein’s antenna and filters business. The antenna domain ...