Ericsson is a
Swedish telephone equipment manufacturer. It was founded in
1876 as a
telegraph equipment repair shop by
Lars Magnus Ericsson and originally called
LM 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. Throughout the
1990s, Ericsson has held a 35-40 % market share of installed
cellular telephone systems.
Headquartered in Stockholm, Sweden, Ericsson is considered to be part of the so-called Wireless Valley.
Like most of the telecommunications equipment industry, Ericsson has suffered heavy losses after the telecommunications crash in the early years of the 2000s. They have retrenched thousands of staff worldwide in an attempt to staunch the losses.
- Home Internet Solution
- http://www.ericsson.com/ -- The company's website
- http://on.magazine.se/ -- On Magazine is Ericsson's customer magazine
- http://www.sonyericsson.com/ -- The website of the Jointventure with Sony