Latest news with #Ericsson
Time of India
2 days ago
- Business
- Time of India
Ericsson to add 150 roles at Bengaluru R&D team, expand ASIC development capabilities
NEW DELHI: Swedish telecom gear maker Ericsson Thursday said it is expanding its Bengaluru research and development (R&D) team by adding 150 roles to enhance its application-specific integrated circuit (ASIC) development. 'This strategic move underscores Ericsson's commitment to enabling India to be at the forefront of future communication technology,' Ericsson said in a statement. Nitin Bansal , managing director, Ericsson India, said that expanding ASIC R&D in India will enable the vendor to leverage the local technology competence in the country towards enhancing capabilities in semiconductor design. 'This unit will also contribute towards strengthening the semiconductor ecosystem in the country. Ericsson expects to initially grow its R&D team in India by more than 150 positions,' Bansal said. 'By increasing our focus on ASIC development , we are reinforcing our technological prowess. Our investments in the Ericsson Silicon platform, in particular, will accelerate the launch of new products and innovative features to the market,' said Anna Dicander, vice president of radio & transport engineering, Ericsson Business Area Networks. The R&D expansion in India will enhance Ericsson's portfolio, and contribute to programmable networks. 'Ericsson Silicon plays a crucial role in creating high-performing, energy-efficient, and lightweight products suitable for various deployment scenarios,' Dicander said. Ericsson Silicon's range of System on a Chip (SoC) is specifically designed for mobile networks and integrated across the entire Ericsson radio portfolio, including RAN Compute (basebands), radio, and transport. This integration enables service providers to fully leverage 5G and address both current and future needs.
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Business Standard
2 days ago
- Business
- Business Standard
Ericsson expands footprint with R&D unit in Bengaluru, to add 150 positions
Swedish telecom gear maker Ericsson on Thursday said it has set up a dedicated Application-Specific Integrated Circuit (ASIC) development unit in Bengaluru, expanding its R&D presence in the country, and plans to add more than 150 positions. Ericsson India MD Nitin Bansal said expanding ASIC R&D in India will allow the firm to leverage the local technology competence in the country and enhance its capabilities in semiconductor design. "This unit will also contribute towards strengthening the semiconductor ecosystem in the country. Ericsson expects to initially grow its R&D team in India by more than 150 positions," he said. This expansion aligns with Ericsson's strategy to advance its portfolio, particularly through its Ericsson Silicon platform, which is central to creating high-performing, energy-efficient products for mobile networks, the company said in a statement. Ericsson Silicon's range of System on a Chip (SoC) is designed for mobile networks and integrated across the entire Ericsson Radio System, enabling service providers to fully leverage 5G and address both current and future needs. With R&D centres in Chennai, Bengaluru, and Gurugram, Ericsson's India operations span across telecom domains, including Transport, Packet Core, OSS, BSS, Cloud, and advanced AI technologies.
Time of India
2 days ago
- Business
- Time of India
Ericsson to add 150+ R&D roles in Bengaluru to boost chip design for 5G networks
Swedish network equipment maker Ericsson is expanding its research and development (R&D) team in Bengaluru by more than 150 positions to enhance its capabilities in Application-Specific Integrated Circuit (ASIC) development. The R&D expansion in India will serve to enhance Ericsson's portfolio of high-performing programmable networks. The team will work on developing Ericsson Silicon's range of System on Chips (SoC) for use in network technologies to fully leverage 5G and address both current and future needs, the company said in a statement Thursday. 'Expanding our ASIC R&D in India will enable us to leverage the local technology competence in the country towards enhancing our capabilities in semiconductor design. This unit will also contribute towards strengthening the semiconductor ecosystem in the country," said Nitin Bansal, managing director, Ericsson India. The company has multiple R&D sites in India, including in Chennai, Bengaluru, and Gurugram that work across telecom domains spanning Transport, Packet Core, OSS, BSS, Cloud and advanced AI technologies. Ericsson invests $5 billion in R&D annually, it added. It though didn't specify the investments to be made for the latest expansion in India. Live Events "By increasing our focus on ASIC development , we are reinforcing our technological prowess. Our investments in the Ericsson Silicon platform , in particular, will accelerate the launch of new products and innovative features to the market.' said Anna Dicander, Vice President, Radio and Transport Engineering, Ericsson Business Area Networks.
News18
2 days ago
- Business
- News18
Bharti Airtel Hits Record High, Crosses Rs 2000 Mark For First Time; Time To Book Profit Or Hold?
Shares of Bharti Airtel surged over 2 per cent on June 26, reaching a fresh all-time high; What should investors do now? Bharti Airtel Shares: Shares of Bharti Airtel surged over 2 per cent on June 26, reaching a fresh all-time high of Rs 2,003.80 apiece on the BSE. The stock has recorded gains in six out of the past seven trading sessions, rising over 8 per cent during this period. So far in 2025, Bharti Airtel's shares have rallied over 25 per cent. Over the past one year, the telecom major has delivered nearly 37 per cent returns, and a massive 263 per cent gain over the last five years. The latest rally in the stock price has been supported by upbeat analyst commentary. Axis Securities, in its weekly technical note, highlighted that the stock has formed a strong bullish candle on the charts. The brokerage said that, as per its analysis, Bharti Airtel could rise to Rs 2,115 per share in the near term. On Monday, global brokerage firm Jefferies reiterated its 'Buy' rating on the stock with a target price of Rs 2,370. The brokerage outlined four key reasons to own the stock. First, it sees the company as the best way to play the ongoing consumption story in India. Second, it highlights a significant runway for mid-teens revenue growth over the medium term. Third, the brokerage noted that the company's capital expenditure intensity has structurally declined, improving cash flows and return ratios. Lastly, it believes the stock's valuations have significant scope for re-rating, offering attractive upside potential for investors. Earlier, Macquarie also maintained a positive outlook and raised its target price on Bharti Airtel to Rs 2,050. The brokerage continues to consider the telecom giant a core investment idea, retaining it in its 'India Super 6s' list. Macquarie has also adopted a scenario-weighted valuation framework to better account for Bharti Airtel's long-term growth prospects and shifting market conditions. Brokerages widely agree that improving financials and a favourable sector backdrop point to continued strength in Bharti Airtel shares over the coming quarters. Bharti Airtel is expected to benefit significantly from India's booming 5G adoption. According to an updated report by Swedish telecom equipment maker Ericsson, India's 5G subscriber base is projected to rise more than three-fold to 98 crore users by 2030. In contrast, the number of 4G users is expected to decline by 60 per cent, to 23 crore during the same timeframe. 'By the end of 2024, 5G subscriptions in the country had already reached 290 million, accounting for 24 per cent of total mobile subscriptions," the report stated. This figure is estimated to jump to 980 million by 2030, making up 75 per cent of all mobile subscribers. Ericsson's report also highlighted that India's rapid 5G expansion is being driven by soaring data consumption, robust mid-band spectrum coverage, the growing penetration of 5G smartphones, and widespread Fixed Wireless Access (FWA) deployments. First Published:
The Star
2 days ago
- Business
- The Star
5G subscriptions expected to reach 2.9bil people by end-2025
KUALA LUMPUR: Nearly one-third of all mobile users, or about 2.9 billion people, are expected to be on the fifth-generation wireless cellular technology (5G) by the end of 2025, according to telecommunication and technology company Ericsson. In its June 2025 Ericsson Mobility Report, the company noted that 5G networks accounted for 35 per cent of global mobile traffic by the end of 2024, with forecasts indicating that this figure will exceed 80 per cent by 2030. In the Southeast Asia and Oceania region, the report said 5G subscriptions are projected to reach around 630 million in 2030, contributing around 49 per cent of total mobile subscriptions in the region. Data traffic per smartphone is expected to rise from 19 gigabytes (GB) per month in 2024 to 38 GB per month by 2030. Meanwhile, the report noted that the number of 4G subscriptions continues to decline globally as users migrate to 5G, with a drop of 55 million in the first quarter of 2025, bringing the total to just below 4.9 billion. Ericsson Malaysia, Sri Lanka and Bangladesh head David Hägerbro said Digital Nasional Bhd's intelligent, future-proof network forms the backbone of Malaysia's 5G-driven growth and digital transformation. "It is vital that the momentum continues to grow. Malaysia already has a head start in becoming the leading digital economy in ASEAN and must ensure that its 5G digital infrastructure remains open to an ecosystem that is conducive to global investments and innovation," he said. The report also stated that 5G Fixed Wireless Access (FWA) is expected to make up more than 35 per cent of new global connections, with the number of connections projected to reach 350 million by 2030-more than double the current figure. 5G FWA plays a crucial role in expanding broadband access, particularly in areas where traditional wired infrastructure is less feasible, as it enables rapid deployment by leveraging existing mobile infrastructure that already covers 90 per cent of the world's population. "The mix of fibre, 5G FWA and satellite technologies will be crucial in meeting the connectivity needs of an increasingly digital world as we approach 2030," the report said. Since its launch in 2011, the Ericsson Mobility Report has served as a key industry reference for network data, performance, statistics, and forecasts. - Bernama
