|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.20 - 6.20|
|52 Week Range||5.43 - 12.66|
|Beta (5Y Monthly)||0.24|
|PE Ratio (TTM)||9.69|
|Forward Dividend & Yield||0.23 (3.71%)|
|Ex-Dividend Date||Sep 29, 2022|
|1y Target Est||N/A|
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Ericsson (NASDAQ: ERIC) looked to establish a new research unit in the U.K. as part of a multi-million-pound investment to boost the country's future wireless connectivity capabilities. Ericsson would invest millions of pounds (GBP) over the next ten years in a U.K.-based program focusing on 6G research and breakthrough innovations. Research areas will include network resilience and security, artificial intelligence, cognitive networks, and energy efficiency. Also Read: Top Indian Telecom Provid
The initiative by Ericsson (ERIC) is likely to sow the seeds for in-depth 6G research activities on hardware security, AI, cognitive networks and quantum computing in the region.
LONDON (Reuters) -Network equipment maker Ericsson will invest millions of pounds in 6G mobile research in Britain, it said on Tuesday, working with universities on hardware security, AI and cognitive networks and quantum computing. The Swedish company, which supplies 5G gear to all four British mobile networks, said the 10-year initiative would help to drive development of next-generation 6G networks, which are expected to be commercially available about 2030. Ericsson's UK and Ireland CEO Katherine Ainley said that British universities are performing world-beating research in some of the technologies that would underpin next-generation networks.