Ericsson stock (NASDAQ: ERIC) has increased by about 34% in 2024, outperforming the broader indices. Ericsson reported third-quarter results that exceeded expectations, with sales totaling SEK 61. ...

Ericsson is conducting its largest layoff round in years after confirming it will lay off approximately 8 percent of its global workforce. Swedish tech giant Ericsson is laying off 8,500 employees ...

Telecommunications and networking provider Ericsson recently launched its generative AI-based virtual assistant that uses large language model (LLM) technology to read, understand, and generate ...

Ericsson is at the forefront of the global 5G transformation. Even as a global leader, however, the introduction of Open-RAN, or radio access network—a key development of 5G—opens the door for ...