On October 19, Borge Eckholm, President and CEO of Ericsson, revealed that the company's revenue from the Chinese market plummeted by 74% in the third quarter.
On September 28th, Swedish telecom equipment giant Ericsson announced at a press conference that, by 2026, 5G subscribers will total more than 3.5 billion, covering 60% of the global population.
Chinese smartphone maker OPPO on Wednesday said it has upgraded its Communication Lab in partnership with Swedish telecoms gear maker Ericsson for enabling 5G research and development process.
Swedish telecom company Ericsson pressured a Swedish minister to reverse the ban on Chinese companies Huawei and ZTE’s involvement in Sweden’s 5G deployment in order to uphold its position in China’s telecom market, local media Dagens Nyheter reported.
Oppo announced today that it has successfully conducted voice and video calls solely based on the next-generation 5G network.