Ericsson

Don't Miss:

02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia22/10/2018

Corrupt business practices dating back to 2007 have led to the dismissal of 50 employees and will likely result in a “material” fine for Ericsson once the Justice Department and Securities and Exchange Commission complete their investigation into the matter, the Swedish company said Thursday. During an earnings call with analysts, CEO Börje Ekholm said […]

CONTINUE READING

Retail Asia16/10/2018

Ericsson president and CEO Börje Ekholm recently met with FCC Chairman Ajit Pai to talk about how the US is making more millimeter wave spectrum available for 5G, its progress in reducing the time involved in tower siting and clearing the way for network slicing, a key component of 5G. Ekholm applauded the FCC’s recent order […]

CONTINUE READING

Retail Asia17/07/2018

Australian operator Telstra, Ericsson and Intel announced they have jointly completed the first end-to-end 3GPP non-standalone 5G data call on a commercial network in a multi-vendor setup. The trial at Telstra’s 5G Innovation Centre on the Gold Coast used licensed 3.5-GHz spectrum, and Ericsson 5G new radio, baseband and packet core solution, a Telstra SIM […]

CONTINUE READING

Retail Asia11/06/2018

Former Ericsson chief executive Hans Vestberg was named Friday as the new CEO of US telecom group Verizon, succeeding Lowell McAdam as of Aug 1. Vestberg, 52, is currently chief technology officer and head of global networks for Verizon, the leading US wireless telecom group which also owns the AOL and Yahoo brands and is […]

CONTINUE READING

Retail Asia09/05/2018

Ericsson is partnering with the Fraunhofer Institute for Production Technology to explore and develop industrial applications for 5G. The first example is producing so-called blade integrated disks, or blisks, for Germany-based jet engine manufacturer MTU Aero Engines. Blisks are high-tech components where the disk and blades are produced as a single piece and serve the purpose […]

CONTINUE READING

Retail Asia24/04/2018

Ericsson has reported its sixth straight quarterly net loss for the first quarter, but the vendor significantly improved its performance year-on-year. Ericsson posted a net loss of around 700 million kronor ($82.7 million), but this compared to a loss of 10 billion kronor in the first quarter of 2017. The vendor’s operating loss was meanwhile reduced to 300 […]

CONTINUE READING

Retail Asia02/02/2018

Swedish telecoms giant Ericsson said Wednesday that it rang up huge losses last year as network competition, restructuring costs and investment in lightning-fast 5G technology pushed it deeply into the red. The news sent Ericsson’s share price tumbling nearly nine percent on the Stockholm stock exchange in early trading, in a flat market. Ericsson said […]

CONTINUE READING

Retail Asia26/01/2018

Australia’s Telstra, Ericsson and Ciena say they have achieved the world’s fastest speeds during a demonstration using Telstra’s transmission network in Melbourne. The companies achieved 400Gbps speeds over 61.5-GHz spectrum using Telstra’s transmission network, representing the highest spectral efficiency per fiber pair achieved in a live environment. This represents transmission speeds of up to 30.4Tbps per fiber pair, a significant […]

CONTINUE READING

Retail Asia23/01/2018

Ericsson has unveiled a new small cell solution designed to meet the indoor mobile broadband performance requirements that will be demanded by 5G. The new 5G Radio Dot small cell radio will support the new 5G mid-bands between 3-GHz and 6-GHz, delivering speeds of up to 2Gbps. The new solution is also deigned to support emerging 5G […]

CONTINUE READING

Retail Asia22/12/2017

Ericsson has announced an extension of its managed services agreement with NBN Co, the company rolling out Australia’ national broadband network, through to 2020. Under the renewed agreement, Ericsson will continue to be responsible for providing network operations for the fixed wireless component of the NBN as well as ground systems operations for the network’s […]

CONTINUE READING

Retail Asia10/10/2017

Ericsson has nominated former mining equipment provider Atlas Copco CEO Ronnie Leten as its new chairman to assist with the struggling vendor’s recovery efforts. Leten will stand for election at a shareholder vote on March 28 as Ericsson’s pick for the successor to Leif Johansson, who announced in July that he won’t make himself available […]

CONTINUE READING

Retail Asia06/10/2017

Ericsson has opened a new design center in the US focused on microelectronics and accelerating the path to 5G commercialization. The ASIC (application specific integrated circuit) design center in Austin, Texas will work with core microelectronics bound for 5G radio base stations. It will work closely with major Silicon processor manufacturers in the area to […]

CONTINUE READING

Retail Asia27/09/2017

Ericsson and Intel have jointly completed a multi-vendor end-to-end 5G interoperability test using 3.5-GHz bandwidth as part of China’s pre-5G trials. The trial in Beijing involved Ericsson’s 5G 3.5-GHz radio prototype testbed and Intel’s 5G client test platform. Ericsson’s 5G 3.5-GHz radio prototype uses 5G candidate technologies including massive and multi-user MIMO (multiple input multiple […]

CONTINUE READING

Retail Asia26/09/2017

Ericsson has released a new VoLTE-based core network functionality to allow operators to offer single-number services for multiple wearable SIM-based devices. The new solution will allow operators to provide voice services for wearables using the same mobile number as a customer’s smartphone. It is designed for the new breed of wearable devices with cellular connectivity […]

CONTINUE READING

Retail Asia08/09/2017

SK Telecom has announced the launch of a new in-car virtual assistant combining its T Map mobile navigation app with its NUGU artificial intelligence platform. The T Map x NUGU AI-based navigation service enables drivers to use their voice to activate existing navigation and new AI-based services. The platform is designed to allow drivers to […]

CONTINUE READING

Retail Asia22/08/2017

Ericsson is suing French smartphone maker Wiko in Germany, accusing the company of infringing Ericsson patents essential to 2G, 3G and 4G cellular technology. In a statement, Ericsson said Wiko has been infringing on its intellectual property rights without any license or compensation for years. Ericsson chief intellectual property officer Gustav Bismark said the company has […]

CONTINUE READING

Retail Asia20/07/2017

Ericsson has revealed plans to accelerate its turnaround strategy after swinging to a 1 billion kronor ($120.4 million) loss in the second quarter. Net sales for the quarter fell 8% to 49.9 billion kronor, or 13% adjusted for constant currency. Ericsson also reported a 1.2 billion operating loss, of a slim 300 million kronor profit […]

CONTINUE READING

Retail Asia18/07/2017

Taiwan’s Chunghwa Telecom has contracted Ericsson to deliver a trial narrowband IoT (NB-IoT) system, and plans to use the system to test a range of IoT devices and applications at its laboratory. Ericsson will provide an end-to-end NB-IoT solution comprising a radio system, massive IoT RAN software, virtual EPC, virtual subscriber data management and an […]

CONTINUE READING

Retail Asia13/07/2017

Vietnamese telecoms operator VNPT has contracted Ericsson to upgrade its charging and business support system. Under the deal, Ericsson will provide a new online charging system to support VNPT’s 40 million prepaid and postpaid subscribers. Financial terms of the contract were not disclosed. The Ericsson Charging System is replacing VNPT’s legacy infrastructure, and the contract also includes […]

CONTINUE READING

Retail Asia07/07/2017

Ericsson chairman Leif Johansson (pictured) will step down from his position as the struggling Swedish telecoms equipment vendor enters a new phase. Johansson, who has been serving as chairman of the company since 2011, has informed the company that he will not make himself available for re-election at the shareholder’s AGM in 2018, according to a […]

CONTINUE READING

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CALL US ANYTIME

Most read

Retail updates

Stay up to date of the lates updates and retail news from Asia.

X