What's Going On With Ericsson Stock On Thursday?

Quick Summary:

Ericsson (NASDAQ:ERIC) shares are trading higher on Thursday after the company said it is strengthening its research and development operations in Japan, with plans to hire up to 300 professionals in the telecom technology space.

The Swedish telecom giant announced the R&D initiative during a visit by Ericsson President and CEO Börje Ekholm, emphasizing Japan’s central role in its global innovation roadmap.

The expansion reflects the company’s push to accelerate innovation in 5G and beyond through strategic collaborations and local partnerships.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Nabaparna Bhattacharya

Category: Technology

Markets: United StatesJapan

Topics: Stories That Matter Equities Briefs General Movers AI Generated Top Stories Benzinga IDGT News Markets ERIC Tech US2948216088 Why it's moving

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-15 @ 15:00:48 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 483 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28731506

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 22 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions