What does Ericsson make now?

The company sells infrastructure, software, and services in information and communications technology for telecommunications service providers and enterprises, including, among others, 3G, 4G, and 5G equipment, and Internet Protocol (IP) and optical transport systems .

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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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