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Ericsson could shed 25,000 jobs in cost-cutting drive: report

MobiletelecomgearmakerEricssonmaylayoffaround25,000employeesoutsideSwedenaspartofitssavingsprogram,SwedishdailySvenskaDagbladetreportedonThursday,citingunidenti

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Smartphone subscription to reach 6.1 bln by 2020

Ninety percent of people aged six years and over will have mobile phones by 2020, when the number of smartphone subscription is set to reach 6.1 billion, the latest Ericsson Mobility Report reveals.