The networking giant, Ericsson has reported that it plans to open another 5G software development center this year, putting more resources in its US-based 5G operations.
At the end of last year, Ericsson launched their Application Specific Integrated Circuit (ASIC) Design Center in Austin, Texas for the development of microelectronics for 5G radio base stations.
Ericsson said, “This facility and its employees will further strengthen Ericsson’s 5G software development.” The company further stated, “Baseband provides intelligence to the radio access network. It is also the interface between the core network and radio units, processing and forwarding voice calls and internet data to end users.”
New employment opportunities by Ericsson
The new 5G center will create employment for over 200 software engineers once opened.
Ericsson will also hire 100 specialists in the North American region to upgrade its artificial intelligence (AI) and automation capabilities.
The Swedish networking giant stated that the AI and automation group will work on utilizing AI technologies to accelerate automation, examine product roadmaps, and explore new business opportunities.
Further, Ericsson added that it will begin manufacturing more products within the US by Q4, with its first US-built 5G radios to be produced by the end of this year with a production partner. Producing more products in the US will increase flexibility to shorten the timeline for new product introduction and product delivery to customers.
Ericsson succeeded in reducing its net loss from last year’s 10.5 billion SEK to 2.5 billion SEK this half. Contrastingly, due to expanded 4G and 5G investments in networks, spending on Research and development has increased from 17.4 billion SEK to 18.9 billion SEK this year.
Recently, it has launched a 5G innovation lab in India to energize coordinated effort on 5G technologies and applications between telecommunication carriers and also signed a memorandum of understanding (MoU) with Audi for the use of 5G technologies during automotive production.