Is Ericsson owned by Sony?

Ericsson is a Swedish-based company specializing in telecommunication and data communication systems and a wide range of technologies that include mobile networks. Sony Ericsson is a joint venture between the Swedish company Ericsson and the Japanese consumer electronics company Sony Corporation .

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How does Ericsson make money?

Moreover, Networks is Ericsson’s most profitable division , with a gross margin of nearly 41.2% in 2019. The division’s gross margin expanded by 200 basis points in 2019 as Ericsson continued to win commercial 5G contracts while also benefitting from it’s earlier contract wins.

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