Ericsson
About Company
Ericsson’s role in shaping the future
As an industry and society we must work together to ensure a sustainable and connected future, because what we do today sets the foundation for what’s possible tomorrow. Our purpose and vision set out the power of mobile connectivity to deliver positive change, and the focused role that Ericsson will play in shaping that change to create a better world.
Company facts
We are a world leader in the rapidly changing environment of communications technology – by providing hardware, software, and services to enable the full value of connectivity.
Founded: 1876
Parent company: Telefonaktiebolaget LM Ericsson (publ)
Company registration number: 556016-0680
Global headquarters: Stockholm, Sweden
President and CEO: Börje Ekholm
Chairman of The Board: Jan Carlson
Financial facts
Net sales, Q2 2023: SEK 64.4 billion.
EBIT, Q2 2023: SEK -0.3 billion.
Net sales full year 2022: SEK 271.5 billion
EBIT, Full year 2022: SEK 27 billion
Listed: Nasdaq Stockholm and on NASDAQ in New York
Number of employees worldwide
South East Asia, Oceania and India: 27,726
North East Asia: 12,602
North America: 11,518
Europe and Latin America: 47,521*
Middle East and Africa: 4,523
Total 103,890
* of which Sweden: 14,713
(numbers from the latest interim report 2023)
Gender breakdown (Dec 31, 2022):
Female 26%
Male 74%
Company governance:
Group management team
Board members
Innovations with impact
Since day one, we have been committed to innovation and to the global ecosystems that support it.
Innovation
In the beginning we revolutionized analogue communications with new switching techniques and technology. When the digital revolution came we were first there too. When broadband was in its infancy we were already working on the technology that would become 3G, and we were developing 4G long before the smartphone became ubiquitous.
Every innovation has a story of its own, with a lot of great people joining together to challenge traditional ways of thinking.
Since the dawn of telecommunications, Ericsson has put enormous time and effort into collaborating with others to set the open standards that make global communications and connections possible.
Here below you find some examples of our innovations that have had significant impact for people, business and society, but first, our technology of today.