ERICSSON profile

[sridhar]

Sony Ericsson Mobile Communications wants to build a better voice trap. The joint venture between Japan-based consumer electronics maker Sony and Sweden-based Ericsson combines the cellular phone operations of both companies. It was established to draw on the cellular technology of Ericsson (the world's leading maker of wireless infrastructure equipment) and Sony's expertise in developing popular consumer gadgetry. Sony Ericsson, which is squared off against cell phone stalwarts Nokia and Motorola, phased out its separately branded phone models and sells a line of co-developed models. Sony and Ericsson each own half of the venture, which began operations in October 2001.

Ericsson has a way without wires. The company is the world's leading maker of wireless telecom infrastructure equipment. Network operators and service providers use Ericsson's antennas, transmitters, and other wireless infrastructure gear to build and expand networks. The company's other products include corporate networking gear, cable, defense electronics, and software for mobile messaging and commerce. Ericsson is also a top seller of cell phones through Sony Ericsson, a joint venture with Sony. The company is controlled by two groups, the Wallenberg family and Industrivärden, which wield 38% and 28% of the voting power respectively.

LM Ericsson Telephone Company
Ericsson Telephone Company
Torshamnsgatan 23
Kista
Stockholm
SE-164 83
Sweden

Tel: 46 8 719 0000

Fax: 46 8 18 40 85

Web: www.ericsson.com