Ericsson

Ericsson (Telefonaktiebolaget L. M. Ericsson) is a Swedish telecommunications equipment manufacturer, founded in 1876 as a telegraph equipment repair shop by Lars Magnus Ericsson. In the early 20th century, Ericsson dominated the world market for manual telephone exchanges but was late to introduce automatic equipment. The world's largest ever manual telephone exchange, serving 60,000 lines, was installed by Ericsson in Moscow in 1916. In the 1990s, Ericsson held a 35-40 percent market share of installed cellular telephone systems.

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Headquartered in Stockholm, Sweden, Ericsson is considered to be part of the so-called Wireless Valley.

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Like most of the telecommunications equipment industry, Ericsson suffered heavy losses after the telecommunications crash in the early years of the 2000s. The company had to lay off tens of thousands of staff worldwide in an attempt to staunch the losses.

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As of 2004, Ericsson is making an operational profit again. The loss making handsets division was divested into a joint venture with Sony, called Sony Ericsson. Ericsson now concentrates on its core systems: supplying infrastructure for all major wireless technologies and modernizing existing copper lines for broadband services.

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Swedish: The term Swedish can refer to:...

Telecommunication: Telecommunication refers to communication over long distances. In practice, something of the message may be lost in the process. 'Telecommunication' covers all forms of distance and/or conversion of the original communications, including radio, telegraphy, television, telephony, data communication ...

1876: 1876 is a leap year starting on Saturday....

Ericsson related Images and Photos (experimental)

Ericsson Telephone 1890

NFL Football Ericsson Stadium Charlotte North Carolina USA