Timeline of Ericsson

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This is a timeline of FIXME.

Big picture

Time period Development summary
LM Ericsson's export business expands in the 1880s, and explodes in the 1890s.[1]
1960s Ericsson releases one of the first handsfree speaker phones.[2]

Full timeline

Year Event type Details
1876 Lars Magnus Ericsson starts a workshop to repair telegraph instruments and undertake small mechanical engineering jobs.[3][4]
1877 The newly invented telephone reaches Sweden.[1]
1878 L.M. Ericsson begins producing telephone equipment.[2]
1881 "First major contracts won in Norway, Russia and Sweden"[3]
1883 "Telephone service provider Stockholms Allm&auml-a Telefonaktiebolag (SAT) is created and buys its equipment from LM Ericsson."[1]
1896 Ericsson incorporates as Aktiebolaget LM Ericsson & Company, with Ericsson serving as chairman, president, and sole shareholder.[1] At the time of incorporation, the company becomes a major enterprise with more than 500 employees, having produced over 100,000 telephones.[4][1]
1897 Britain accounts for 28% of L.M. Ericsson’s sales.[2]
1899 LM Ericsson opens its first foreign factory, in Saint Petersburg, Russia.[1][1]
1900 Exports account for about 90 percent of LME's total sales. Contraction of demand in the domestic market and rapidly expanding foreign markets are partly responsible for this dominance of exports.[1]
1900 Lars Magnus Ericsson retires as president and is succeeded by Axel Boström, his former office manager.[1]
1901 Ericsson retires as chairman.[1]
1901 Ericsson acquires Stockholms Allm&auml-a Telefonaktiebolag (SAT)'s manufacturing operations.[1]
1900 "1000 employees globally, SEK 4 million in sales and 50,000 telephones produced"[3]
1902 "Sales office opens in US"[3]
1903 Ericssons set up a joint venture company with the National Telephone Company to produce telephones at Beeston for sales to Britain and its colonies.[2]
1905 Acquisition "First acquisition made in Mexico"[3]
1908 Acquisition Ericsson acquires Deckert & Homolka in Vienna.[2]
1911 Acquisition Ericsson acquires S.I.T. in France.[2]
1912 Acquisition Ericsson acquires a factory in Budapest.[2]
1918 Ericsson merges with SAT to form Allm&auml-a Telefonaktiebolaget L.M. Ericsson.[1]
1923 "First automatic 500-point switches in service" [3]
1926 Notable death Lars Magnus Ericsson dies.[1]
1926 The firm officially adopts the name Telefonaktiebolaget LM Ericsson.[1]
1931 "Ivar Kreuger proposes to sell a controlling interest in Ericsson to competitor ITT."[1]
1946 "Foundation for research into television established"[3]
1950 "LM Ericsson telephone exchange supports world's first international call"[3]
1951 "Ericsson acquires a majority interest in North Electric Company of Ohio."[1]
1956 Ericsson releases the Ericofon.[2]
1960 "Wallenberg Jr. purchases ITT's stake in Ericsson"[1]
1963 Ericsson begins selling assets in an effort to focus on its telephone businesses.[1]
1976 Ericsson introduces the AXE switching system.[1]
1977 "First digital telephone exchange (AXE) installed"[3]
1985 Ericsson is awarded its first AXE contract from British Telecom.[1]
1988 "First GSM system order from Vodafone, UK"[3]
1988 Acquisition Nokia acquires Ericsson's computer business.[1]
1991 "AXE lines exceed 105 million in 11 countries, serving 34 million subscribers"[3]
1994 Ericsson operates as one of the world's largest manufacturers of telephone apparatus, radio communications instruments, cellular mobile phone telephone switching systems, and cables.[1]
2000 "Ericsson becomes world's leading supplier of 3G mobile systems"[3]
2001 "Ericsson conducts the first 3G call for Vodafone, UK"[3]
2005 "Ericsson wins biggest contracts to date to manage operator 3's networks in Italy and the UK"[3]
2008 "Research center established in Silicon Valley, USA"[3]
2009 "Verizon and Ericsson collaborate to carry out first data call on 4G network"[3]
2011 "Ericsson completes the acquisition of Telcordia"[3]
2012 "Ericsson completes the acquisition of BelAir"[3]
2015 Ericsson employs a total of 118,055 people.[5]

Meta information on the timeline

How the timeline was built

The initial version of the timeline was written by FIXME.

Funding information for this timeline is available.

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What the timeline is still missing

[1], [2],

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See also

External links

References

  1. 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 "Telefonaktiebolaget LM Ericsson - Company Profile, Information, Business Description, History, Background Information". referenceforbusiness.com. Retrieved 26 June 2018. 
  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 "A Brief History of L M Ericssons". telephonecollecting.org. Retrieved 25 June 2018. 
  3. 3.00 3.01 3.02 3.03 3.04 3.05 3.06 3.07 3.08 3.09 3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 "Corporate story". ericsson.com. Retrieved 25 June 2018. 
  4. 4.0 4.1 "Shaping history". ericsson.com. Retrieved 26 June 2018. 
  5. "Ericsson SuccessStory". successstory.com. Retrieved 25 June 2018.