Ericsson Partners with Intel to Leverage Advanced 5G Infrastructure Technology
Portfolio Pulse from Anusuya Lahiri
Ericsson (ERIC) has partnered with Intel Corp (INTC) to leverage Intel's 18A process and manufacturing technology for Ericsson's future 5G infrastructure. Intel will manufacture custom 5G SoCs for Ericsson. The companies will also expand their collaboration to optimize 4th Gen Intel Xeon Scalable processors for Ericsson's Cloud RAN solutions. Ericsson recently reported a 3% YoY sales growth to $6.125 billion, with a sharp decline in North American sales offset by strong sales in India.
July 26, 2023 | 12:29 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Ericsson's partnership with Intel for 5G infrastructure could boost its market position. However, recent sales decline in North America could impact its performance.
The partnership with Intel could provide Ericsson with advanced technology for its 5G infrastructure, potentially boosting its market position. However, the recent decline in sales in North America could negatively impact its performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Intel's partnership with Ericsson could boost its manufacturing sector. However, its shares traded lower by 1.14% at $33.71 premarket.
The partnership with Ericsson could boost Intel's manufacturing sector as it will manufacture custom 5G SoCs for Ericsson. However, its shares traded lower by 1.14% at $33.71 premarket, indicating potential market uncertainty.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80