Ericsson and CAICT agree to mutual cooperation in research and standardization of 5G technologies
Broader cooperation key to global 5G standards
Ericsson (NASDAQ: ERIC) and Chinese Academy of Information and Communications Technology (CAICT) announced on February 5, 2015 in Beijing, China the signing of a Memorandum of Understanding (MoU) to launch joint research and development of 5G, the next generation of mobile technologies.
While the industry explores the possibilities of 5G and its underlying technologies and architecture, there is a need to drive broader cooperation among different stakeholders around the world in order for standardization and industrialization to be achieved.
CAICT, the leading national ICT think tank in China, has been a pioneer of 3G and 4G standards. With the cooperation, Ericsson aims to join hands with CAICT to speed up the research and standardization of 5G technologies towards its commercialization around 2020.
Cao Shumin, President of CAICT, says: CAICT is as committed as Ericsson to the international standardization of technologies through cooperation. We believe this is essential for achieving global economies of scale and fostering innovation. China, with a fledging ICT industry infrastructure and the worlds largest number of mobile subscriptions, will continue to be a vigorous driver of ICT innovation and sustainable growth.
Ulf Ewaldsson, Senior Vice President and CTO of Ericsson, says: We are very excited to be embarking on this new journey with CAICT towards the development of global 5G standards. Ericsson and CAICT have a long history of successful cooperation and we share the belief that mobile broadband technology benefits society by lifting productivity and the quality of life, and thereby contributing to sustainable development for all.
Ericsson and CAICT have pledged mutual cooperation and support in promoting 5G standardization, and agreed to mutual cooperation in 5G technology research covering key areas such as radio access technology, core network architecture and 5G application scenarios. The two have also agreed to share information in the areas of convergence in vertical industries, industry transformation, applications, and eco-system development.
NOTES TO EDITORS
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Ericsson is the driving force behind the Networked Society - a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, business and society to fulfill their potential and create a more sustainable future.
Our services, software and infrastructure - especially in mobility, broadband and the cloud - are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.
With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the worlds mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions - and our customers - stay in front.
Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2014 were SEK 228.0 billion (USD 33.1 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
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Ericsson and CAICT agree to mutual cooperation in research and standardization of 5G technologies
