What does Ericsson mean?

Definitions for Ericsson

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  1. Ericsson

    Ericsson is a Swedish multinational technology company that provides and operates telecommunications networks, television and video systems, and related services. In 2012 it was the world's largest provider of wireless network equipment, with a market share of 38%. One of Sweden's largest companies, it provides telecommunications and IP networking equipment including mobile broadband, cable TV, IPTV and video systems, and has an extensive services operation. Ericsson has a wide-ranging portfolio of patents for a variety of technologies, and was also the inventor of the Bluetooth short-range wireless technology. Founded in 1876 as a telegraph equipment repair shop by Lars Magnus Ericsson, it was incorporated on August 18, 1918. Headquartered in Kista, Stockholm Municipality, since 2003, Ericsson is considered part of the so-called "Wireless Valley". The company has offices and operations in more than 180 countries, with more than 17,700 staff in Sweden, and also operates in Brazil, Canada, China, Finland, Hong Kong, India, Ireland, Italy, Hungary, the UK and the US. 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 held a 35–40% market share of installed cellular telephone systems. Like most of the telecommunications industry, Ericsson suffered heavy losses after the Telecoms crash in the early 2000s, and had to lay off tens of thousands of staff worldwide to manage the financial situation, returning to profit by the mid-2000s.

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  1. Chaldean Numerology

    The numerical value of Ericsson in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of Ericsson in Pythagorean Numerology is: 3

Examples of Ericsson in a Sentence

  1. Neil Mawston:

    Nokia is going back to the future! The recent profit warning, dividend cut and 5G lag have rattled the company, huawei and Ericsson have arguably inched ahead on R&D, and Nokia is feeling the business pressure. Nokia is turning to the old.

  2. Kristian Reinert Davidsen:

    It's hard to say which network is best, we just found that Ericsson was the right choice for us based on all the parameters. It was from an overall point of view, and I can't say if one is safer than the other.

  3. Srini Gopalan:

    We have today multiple vendors including Huawei, Nokia and Ericsson in our networks, when I said we are reviewing our procurement - what we are reviewing is the mix of that.

  4. Christer Gardell:

    The 2022 goals are simply too low, ericsson has much more to give.

  5. Mark Taylor:

    There was a consensus view on Ericsson that maybe they've disappointed on the margins which was holding people back, but there's a lot of demand to get into the 5G theme, and Ericsson's probably the biggest, most liquid name in Europe to play that theme.

Images & Illustrations of Ericsson

  1. EricssonEricssonEricssonEricssonEricsson

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Translations for Ericsson

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    directed outward; marked by interest in others or concerned with external reality
    • A. extroversive
    • B. unsealed
    • C. arbitrary
    • D. ultimo

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