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Ericsson's Networks division generated around *** billion Swedish Krona (SEK) in 2025, a decrease of around * billion SEK on the previous year. The Enterprise and Cloud Software and Services segments also saw a decrease in sales.

Ericsson is among the largest telco infrastructure firms

Founded in 1876, Ericsson is a leading player in telecommunications infrastructure and equipment. The firm commanded a ** percent share of the global telecoms equipment market as of 2024, behind Nordic rival Nokia and Chinese tech giant Huawei. Ericsson, Nokia, and Huawei are all deeply involved in 5G network infrastructure, each committing substantial resources to R&D while navigating rising geopolitical tensions and supply chain disruptions.

A strategic focus on 5G

Ericsson and Nokia became household names in the 1990s and 2000s with popular mobile phone handsets. Ericsson's devices were produced through a joint venture with Sony under the Sony Ericsson brand, with flagship models tying into Sony's Cybershot and Walkman product lines. Both Nokia and Ericsson eventually exited the consumer hardware market, making a strategic pivot to focus solely on network infrastructure amid the rise of 5G. Huawei, meanwhile, has sought to expand its presence in consumer tech with foldable phones, wearables, and smart home devices.