Timeline of Ericsson
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This is a timeline of FIXME.
Contents
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 Allmä-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 Allmä-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 Allmä-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] | |
| 1998 | Sven-Christer Nilsson is elected president and chief executive officer of Ericsson.[1] | |
| 1999 | "Ericsson and Qualcomm Inc. settle a patent dispute and Ericsson purchases the firm's wireless infrastructure business."[1] | |
| 2000 | "Ericsson becomes world's leading supplier of 3G mobile systems"[3] | |
| 2001 | "Ericsson conducts the first 3G call for Vodafone, UK"[3] | |
| 2001 | "Ericsson announces a mobile phone business joint venture with Sony Corp."[1] | |
| 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.
Feedback and comments
Feedback for the timeline can be provided at the following places:
- FIXME
What the timeline is still missing
Timeline update strategy
See also
External links
References
- ↑ 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 1.22 1.23 1.24 "Telefonaktiebolaget LM Ericsson - Company Profile, Information, Business Description, History, Background Information". referenceforbusiness.com. Retrieved 26 June 2018.
- ↑ 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.
- ↑ 3.00 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.
- ↑ 4.0 4.1 "Shaping history". ericsson.com. Retrieved 26 June 2018.
- ↑ "Ericsson SuccessStory". successstory.com. Retrieved 25 June 2018.
