Swedish vendor Ericsson has revealed it will invest USD1.5 billion in South Korea over the next five years as it builds a new research and development centre focused on next-generation wireless technology, according to the Financial Times. As part of its plans to expand its cooperation with the South Korean government on the development of Long Term Evolution (LTE) technology, Ericsson will reportedly increase its number of staff in the region from 80 to around 1,000.
Subscribe
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse
Filter
Filter CommsUpdate by the following categories or use the search.
Search
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
Advertise
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors
- Regulators