| Business Summary | | LM
Ericsson
Telephone
Co.
is
engaged
in
international
telecommunications,
providing
systems
and
products
for
fixed
and
mobile
communications
in
public
and
private
networks.
The
Company's
broad
range
of
data
communications
and
telecommunication
products
includes
systems
and
services
for
handling
voice,
data,
images
and
text
in
public
and
private
fixed-line
and
mobile
networks,
microelectronic
components,
defense
electronics
and
telecommunications
and
power
cables.
From
January
1,
1999,
the
Company
has
adopted
a
new
organization
with
three
customer-oriented
business
segments
replacing
the
previous
business
areas:
Network
Operations
and
Service
Providers,
Consumer
Products
and
Enterprise
Solutions.
In
addition
to
these
segments,
the
Company's
other
operations
include
Components,
Cables,
Defense
Systems
and
other
minor
operations.
The
market
organization
is
grouped
in
four
market
areas:
Europe,
Middle
East
and
Africa;
Latin
America;
North
America,
and
Asia
Pacific. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LM
Ericsson
Telephone
Company
is
an
international
manufacturer
of
advanced
systems
and
products
for
wired
and
mobile
communications
in
public
and
private
networks.
The
Company
also
produces
electronic
defense
systems.
For
the
six
months
ended
6/30/01,
revenues
fell
6%
to
SEK125.3
billion.
Net
loss
before
US
GAAP
totalled
SEK13.81
billion
vs.
an
income
of
SEK14.4BM.
Results
reflect
decreased
TDMA
and
PDC
sales
and
$15
million
in
restructuring
charges. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Lars Ramquist, Ph.D., 63 | Chairman | Kurt Hellstrom, 58 | Pres,
CEO, Director | Sten Fornell, 53 | CFO,
Exec. VP | Bo Andersson, 50 | Pres,
Ericsson Microelectronics | Ulf Berg, 50 | Pres,
Ericsson Microwave Systems |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|