Ericsson genuinely leer to various country outlying Asian market place to embedded investment, company successful make contract agreement with three mobile phones operators in 3 provinces in China recently, today we heard Ericsson plan, to invest 1.5 billion dollars in South Korea over the next five years, officials said Sunday.
Ericsson of Sweden, are the world’s leading mobile phone network provider, was disclosed by chief executive officer Carl-Henric Svanberg at a meeting in Stockholm with South Korean President Lee Myung-Bak on Sunday, Lee’s office said in a statement released, company will set up a investigate centre in South Korea to develop environmentally-friendly and fourth-generation telecommunications technologies with firms in the Asian country.
President Lee hailed the planned conjecture as helping the two countries lead the information and communications technology market, Ericsson will also increase the number of employees at its South Korean unit from 80 to about 1,000, he said on three-day visit to Sweden since Saturday.
Ericsson is a world leader in high-speed wireless technology using the long-term evolution, despite the fact that South Korea is one of the world’s most wired countries and a developer of high-speed Wireless Broadband, called “WiBro” technology, so that’s suitable, Ericsson see new arable in Korean-land.
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