Sunday, 20 August 2017

Ericsson to exit modem business, cut jobs

By Nick Wood, Total Telecom
Thursday 18 September 14

Swedish kit maker to plough resources into radio network R&D instead.

Ericsson said on Thursday it will shut down its modem business and plough the resulting cost savings into radio network R&D. The Swedish kit provider said it has faced intensifying competition and price erosion in the modem market since inheriting the division in the breakup of its joint venture with chip maker STMicroelectronics in August 2013…

Ericsson said on Thursday it will shut down its modem business and plough the resulting cost savings into radio network R&D. The Swedish kit provider said it has faced intensifying competition and price erosion in the modem market since inheriting the division in the breakup of its joint venture with chip maker STMicroelectronics in August 2013…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry