31 stories found
AI chipmaker Cerebras Systems has publicly filed for an Initial Public Offering (IPO) in the US. This move by the Nvidia rival comes as the artificial intelligence boom continues to drive tech listings.
Telefonaktiebolaget LM Ericsson announced a semi-annual dividend of SEK 1.50 per share and initiated a significant SEK 15 billion share repurchase program. This move aims to return value to shareholders.
Ericsson is targeting growth in its networks division despite expressing caution over rising costs.
Ericsson's sales were lower than expected, with profitability pressured by a stronger Swedish krona, which reduced profit by over 2 billion, and rising input costs due to the AI boom.
Realbotix has delivered its inaugural humanoid robot, equipped with its advanced Vinci vision system, to Ericsson as part of the company's expansion efforts.
Ericsson has signed a multi-year agreement with SoftBank to upgrade its network infrastructure and accelerate the rollout of 5G technology.
Ericsson and Corning are identified as potential beneficiaries of AT&T's substantial $250 billion spending plan, according to a Seeking Alpha analyst.
Ericsson and Intel have expanded their partnership to accelerate the development of AI-native 6G technology.
One Macedonia and Ericsson have signed a four-year agreement (2026-2029) for the development of a state-of-the-art 5G network, including the delivery of radio access and core network equipment, software, implementation services, and long-term technical support.
Telefonaktiebolaget LM Ericsson has entered into a partnership with Mastercard.
Mastercard and Ericsson have formed a partnership aimed at accelerating the adoption and growth of digital payments across the Middle East and Africa region.
Ericsson's stock declined following its first-quarter earnings report, which revealed that the company's revenue fell short of analyst estimates, primarily due to a decline in sales in North America.
Ericsson reported first-quarter profits that fell short of analyst expectations, primarily attributed to sluggish sales performance. The telecommunications giant also cited increased chip costs, driven by growing demand for AI, as a factor impacting its financial results.
Telefonaktiebolaget LM Ericsson reported missing both top-line and bottom-line estimates for the first quarter and subsequently provided its outlook for the second quarter and fiscal year 2026.
A preview of Telefonaktiebolaget LM Ericsson's first quarter 2026 earnings has been released. This provides insights into the company's upcoming financial performance.
Despite a turbulent year for the stock market, several popular 'folkaktier' in Sweden, including Ericsson and Telia, have seen significant gains, bringing satisfaction to their nearly 800,000 shareholders.
Pedro Afonso, Ericsson Tavares, Omar Elkhatib, and João Coelho set a new national record for the 4x400m relay at the World Indoor Athletics Championships in Torun with a time of 3:04.75.
Ethio Telecom announced signing network expansion agreements with Ericsson, ZTE, Huawei, and Nokia in Barcelona.
Ethio Telecom and Ericsson have signed a new deal to extend their partnership, focusing on further expanding and enhancing the network infrastructure in Ethiopia.
Telecommunications giant Ericsson has announced plans to lay off 1,600 employees in Sweden as part of cost-saving measures, a decision that has drawn scrutiny given the CEO's multi-million earnings.
Mastercard and Ericsson are collaborating to develop new payment tools, indicating a partnership in the financial technology sector.
Key highlights from Ericsson's first-quarter earnings call include discussions on financial performance, market conditions, and the company's future outlook.
Ericsson's stock performance is weighing down the Stockholm Stock Exchange.
Ericsson has reported that its profits lagged expectations, attributing the shortfall to increased costs for chips driven by the high demand for artificial intelligence technologies.
Per Narvinger, son of industry heavyweight Anders Narvinger and a 29-year veteran at Ericsson, is seen as a "crown prince" within the company, with speculation rising about his potential to take over leadership.
Uzbekistan and Ericsson have engaged in discussions regarding the future growth and development of telecommunications and Internet of Things (IoT) technologies in the region.
SK Telecom has signed a memorandum of understanding with Ericsson to expand cooperation on artificial intelligence-powered mobile network technologies, focusing on joint research and testing for the 6G era.
Ethio Telecom has announced new strategic network expansion agreements with major telecommunications vendors Ericsson, ZTE, Huawei, and Nokia, made at an event in Barcelona.
One Macedonia, a subsidiary of 4iG Group, and Ericsson have signed an agreement at the Mobile World Congress (MWC) 2026 to roll out North Macedonia’s greenfield 5G Standalone (SA) mobile network.
The Mobile World Congress (MWC) in Barcelona is underway, featuring innovations in various sectors like aviation and showcasing new products. The event is also noted for its geopolitical context, including the war in Iran.
Mastercard and Ericsson have formed a partnership aimed at expanding global digital payment capabilities, leveraging their respective expertise in financial services and telecommunications.