Ericsson said it expects further decline in 5G gear demand from mobile operators this year after beating fourth-quarter operating profit expectations on Tuesday helped by software sales.

Ericsson said it had suspended business with customers in Russia "indefinitely," extending a halt from February that was originally billed as temporary, following sanctions imposed as a result of Russia's war in Ukraine.

Sweden's Ericsson on Monday raised its global forecast for 5G mobile subscriptions to 220 million by the end of this year, citing faster than expected uptake in China.

South Korean electronics veteran Samsung scored a big win this week when American telecom Verizon Communications selected the company as a provider of 5G wireless networking equipment.

Ericsson has achieved a significant 5G milestone by securing the company's 100th commercial 5G agreement or contract with unique communications service providers.

Chinese Commerce Ministry weighs export controls on Nokia and Ericsson China-made products

Ericsson is not sourcing products from Panda Electronics Group, one of the companies named by the United States as potentially controlled by the Chinese military, the Swedish telecom gear maker said on Tuesday.

Ericsson expects to take a second-quarter writedown of about 1 billion crowns ($109 million) on product inventory in China, the Swedish telecoms gear maker said on Monday.

Ericsson shares hit a high for the year after the Swedish telecom equipment maker increased its footprint in Canada by winning a 5G contract from Bell Canada, beating out China's Huawei.

Swedish telecom equipment maker Ericsson said on Monday it will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously as a consequence of the novel coronavirus pandemic.

Executives from the companies tell lawmakers they have what it takes to build safe and secure US 5G networks.

This is how the US can keep pace with Huawei, says Bill Barr.

Telenor reiterated on Sunday Huawei would be involved in building Norway's 5G network along with Ericsson, one of several companies to continue working with the Chinese company despite U.S. pressure.

The company bribed Chinese government officials for at least 17 years.

The head of Nokia's software business Bhaskar Gorti defended the Finnish mobile network maker on Wednesday against market fears that it is lagging behind its peers Ericsson and Huawei in 5G development.

While already supporting frontrunner service providers through the rollout of commercial 5G using non-standalone (NSA) 5G New Radio (NR), Ericsson has now introduced standalone NR software.

Mobile telecom equipment maker Ericsson reported a bigger that expected rise in first-quarter operating earnings on Wednesday, adding that it saw particularly strong growth in North America.

Ericsson and Intel have announced another collaboration, this time for a software and hardware management platform for 5G, NFV, and distributed cloud.

Ericsson said it will book a 6.1 billion crown ($687 million) charge for the fourth quarter after a failed revamp of its loss-making Business Support System unit.

Partnership comes on the heels of Samsung-NEC tie-up

The 5G race is heating up.

Nokia today disclosed its licensing fee for 5G standard essential patents: EUR 3 (U.S. $3.48) per device, a flat rate notably lower than 5G licenses announced by rivals Ericsson and Qualcomm.

The confidential deal shows the value of Ericsson's patent portfolio, according to the networking giant.

Ericsson won a EUR600 million (US$700 million) contract to supply wireless equipment to Wind Tre, according to people with knowledge of the matter, dealing a blow to China's ZTE, which lost part of the deal after being barred from buying US technology.

Ericsson reported larger than expected losses for the fourth quarter on Wednesday and said it expected the Chinese market to continue to decline, dampening hopes of any short-term rebound for the struggling mobile equipment maker.

Mobile telecom gear maker Ericsson may lay off around 25,000 employees outside Sweden as part of its savings program, Swedish daily Svenska Dagbladet reported on Thursday, citing unidentified sources at the company.

Qualcomm Technologies, Ericsson and SK Telecom have announced plans to conduct interoperability testing and over-the-air field trials based on 5G New Radio (NR) standards being developed based on specifications in 3GPP.

Ericsson, which signaled last month that production lines in Sweden weren't exempt from planned job cuts, could deliver the news to employees at factories in Boraas and Kumla as soon as Tuesday, according to broadcaster SVT.

Mobile telecoms company Ericsson is reportedly planning to close the last of its Swedish manufacturing sites as part of planned savings, cutting about 3,000 jobs and ending 140 years of production in its home country.

Swedish mobile telecom gear maker Ericsson is being investigated by US authorities over possible corruption related to its business in China, Swedish daily Svenska Dagbladet (SvD) reported late on Thursday, citing unnamed sources.

In India, probably the most important market for Xiaomi after China, Swedish electronics maker Ericsson has alleged that the Chinese company is infringing on eight Ericsson patents.

Samsung Electronics will pay Ericsson $650 million along with years of royalties to end a technology licence spat, the Swedish company said on Monday.

Ericsson and STMicroelectronics today announced the closing of the transaction for the split up of ST-Ericsson.

Ericsson is in talks to buy Microsoft Corp's IPTV business, which makes software used by phone companies such as AT&T to deliver television over the Internet, Bloomberg reported, quoting people with knowledge of the matter.

STMicroelectronics and Ericsson have agreed to split up their unprofitable ST-Ericsson chip venture after failing to find a buyer for the business, cutting about 1,600 jobs as they divide the assets.

Ericsson has filed suit in Texas, arguing that Samsung refuses to renew a patent licensing deal with Ericsson for standards essential telecommunications technology.

STMicroelectronics and Ericsson , joint owners of ST-Ericsson, said they had hired an adviser to help deal with the chipmaker.

STMicroelectronics should persuade Ericsson that they sell off their mobile chip joint venture ST-Ericsson, but probably to some aspiring Chinese company. That is likely to produce the quickest and most profitable - or least loss-making - exit for the two parent companies from what has become a failed project.