Ericsson Telecom - build three new research centre's

                      ERICSSON TELECOM - BUILD THREE NEW RESEARCH CENTRES

Swedish telecom firm ERICSSON build three new research centres two in Sweden and one in Canada, investing approximately 7 billion kronor

The 3 centres, one in Linköping, central Scandinavian country, the opposite in Stockholm's Kista, and also the third in Montreal, can act as platforms to gather the company's 24,000 engineers scattered round the world, and can live one 120,000 sq. metres along (around fourteen soccer fields).
"The one cool issue is that we have a tendency to scale back energy consumption by forty %," Hans Vestberg, President and CEO of Ericsson, told The native. "The different issue is that we will access our info a lot of faster."

The ICT centres can house the newest technology, permitting engineers to attach with one another via high-speed.

The Linköping ICT centre is planned to open at the top of 2013 and also the one in Kista, north of Stockholm, one year later. The centre in Montreal can begin operations in early 2015.

Around sixty to one hundred new jobs are created also, consistent with Vestberg.

Finance Minister Anders Borg, United Nations agency was at the group discussion, aforesaid he was convinced that the investment would facilitate secure jobs in Scandinavian country.

"Sweden can still be one in every of the countries that area unit at the forefront once it involves golf stroke resources into analysis and development," he told the TT agency.

As to why Ericsson planned to create in Scandinavian country, Vestberg aforesaid it absolutely was an issue of potency.

"It may be cheaper to create them anyplace else however most significant is: wherever is that the most effective place to try to to it?" he told The native.

"We have our largest R&D hub worldwide in Scandinavian country, which is that the reason we have a tendency to engineered them here. The proximity is incredibly necessary once it involves check environments."

The Swedish R&D hub of Ericsson hosts over 9,000 workers. different R&D sites area unit in China, US, North American country and European country. In 2012, Ericsson's R&D expenditures were thirty two.8 billion kronor, reflective around fourteen % of sales.

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