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About Ericsson Inc.

Ericsson Inc., the US subsidiary of Sweden-based global wireless network equipment maker Telefon AB LM Ericsson, oversees the North American business of its parent company. Its core network products are antennas, transmitters, switching systems, and other gear used to build wireless telecommunications networks. Ericsson Inc. primarily serves network operators, transportation companies, utilities, and broadcasters in the US. Its growing services business offers consulting, network build-out, network optimization, and network management and maintenance services.

Geographic Reach

Ericsson Inc.'s operations in North America are its parent's second-biggest revenue producer, just behind the company's grouping of its European and Latin American operations.

In Lewisville, Texas, the company is building an automated factory for turning out Advanced Antenna System radios that are to be used to boost 5G network capacity and coverage. The factory is scheduled to open in 2020.

Ericsson operates two research centers in Austin, Texas. The Austin ASIC Design Center, which opened in 2017, focuses on core microelectronics of 5G radio base stations. The company opened a software development center in Austin in 2019.

Financial Performance

Ericsson's North America operations generate about a quarter of its parent company's revenue. After two years of sales sitting at SEK 52 billion, North American revenue increased to SEK 58.6 billion in 2018, driven by customers' demand for 5G equipment.

Strategy

The US is sure to be one of the biggest markets for 5G technology and Ericsson is poised to provide it. The company is working with telecom carriers to provide the infrastructure equipment for 5G and working to develop more technologies to take advantage of the higher speeds and capacity 5G is to provide.

Ericsson is increasing investment in 5G research and development in the US. One R&D center focuses on microelectronics used in 5G technologies, while another develops software for the network. An automated factory that will make antennas for 5G is to open in 2020. The company aims for quick delivery of products to customers in the US.

In 2018, T-Mobile and Ericsson signed a $3.5 billion 5G agreement for the US market. Ericsson will provide T-Mobile with the latest 5G New Radio hardware and software compliant with global standards. The contract also includes Ericsson’s digital services such as dynamic orchestration, business support systems, and Ericsson Cloud Core.

Ericsson Inc.

6300 Legacy Dr
Plano, TX 75024-3607
Phone: 1 (972) 583-0000

Firm Stats

Employer Type: Privately Owned
Chief Innovation Office, Head of Publisher and Content Business Development: David Koenig
EVP: Magnus Mandersson
Head, North America: Angel Ruiz
Employees (This Location): 4,000
Employees (All Locations): 8,275

Major Office Locations

Plano, TX

Other Locations

Morgan Hill, CA
Mountain View, CA
Newport Beach, CA
Pleasanton, CA
San Jose, CA
San Rafael, CA
Santa Clara, CA
Simi Valley, CA
Washington, DC
Boynton Beach, FL
Miami, FL
Atlanta, GA
Norcross, GA
Walpole, MA
Durham, NC
Middletown, NJ
Sparta, NJ
Las Vegas, NV
Lewisville, TX
Lynchburg, VA
Vienna, VA