Ericsson opens 5G design site in Austin, Texas

Ericsson (NASDAQ: ERIC) is opening a design center in Austin, Texas, to focus on microelectronics and accelerating the path to 5G commercialization. The Austin ASIC Design Center is open now and recruitments are ongoing.

ASIC stands for Application Specific Integrated Circuit. Such microelectronics are at the core of all Ericsson Radio Systems and can be seen as processors that are specially made for the computation needs of mobile infrastructure. They are 100x faster, more cost-efficient, and less power hungry than a general processor in a personal computer.

Sinisa Krajnovic, Head of Development Unit Networks, Ericsson, says: We are strengthening our radio design capability in one of the world's 5G pioneer markets. We'll be up and running with our first group of designers in Austin by the end of 2017. Along with our ASIC design teams in Sweden and China, we'll be making faster, better and greener 5G products to bring into the Ericsson portfolio by 2019.

The Design center will be centrally located in Austin's tech neighborhood, near other processor manufacturers. Working close to the major Silicon-fab houses and fostering collaborations will contribute to Ericsson bringing core silicon technology to develop its unique and dedicated ASICs.

Niklas Heuveldop, Head of Ericsson North America, says: Austin is one of the fastest-growing cities in the US with a bustling tech and start up scene. We want to capture the great talent on-hand there, enabling us to increase digital ASIC capabilities even further and be close to some of our key global customers.

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Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 111,000 experts who provide customers in 180 countries with innovative solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2016 were SEK 222.6 billion (USD 24.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on www.ericsson.com.

LINK:	https://www.ericsson.com/en/press-releases/2017/10/ericsson-opens-5g-d...
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