Ericsson investing in 4G

Monday, 15 October, 2001

Ericsson's head of research, Hakan Eriksson, has said that the company is maintaining its current research and development budget and is already planning for 4G phones which are expected to be introduced in Japan in 2010.

Last year, the company spent a total of $8 billion on research and development. Eriksson said that the company operates on a three to ten year research timeframe, and would not be reducing its expenditure based on current difficulties that should be resolved in the medium term. He said that the company's target for 4G handsets would be the Olympics in 2012 where handsets offering a potential data speed of 100 Mbps can be expected.

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