Revenue distribution by industry:

• Network equipment: approx. 70%
• Digital services: approx. 15%
• Managed services: approx. 10%
• Emerging business and others: approx. 5%

TOP 3 markets and their percentage shares:

• USA: approx. 30%
• Europe (including Sweden): approx. 25%
• Asia (especially China and India): approx. 20%

Ericsson generates the majority of its revenue from the sale of network equipment, driven by the ongoing demand for 5G infrastructure. The USA is the largest individual market, supported by the strategic partnership with major telecommunications providers in the region.

Europe and Asia follow, with Europe focusing on the modernization of existing networks and Asia on the growth of new network infrastructures, particularly in China and India.

Production sites of Ericsson:

1. Sweden
2. USA
3. China
4. India
5. Brazil
6. Estonia

Ericsson, a leading company in the telecommunications industry, produces its products at several global locations. In Sweden, the company's home country, there are important production facilities and research centers. The USA and China are also significant production sites, targeting local demand and proximity to key markets.

In India, Ericsson has expanded its production capacities to serve the growing market in Asia. Brazil and Estonia complement the global production presence to diversify supply chains and increase efficiency. This geographical distribution enables Ericsson to flexibly respond to market demands and optimize delivery times.

Strategy for Future Growth:

1. 5G Expansion: Ericsson continues to focus strongly on expanding and implementing 5G technologies. This includes both expanding infrastructure and developing new applications and services based on 5G.

2. Digital Services and Cloud: The company is investing in digital services and cloud solutions to solidify its position as a leading provider in the telecommunications industry. This includes developing software solutions for networks and automating processes.

3. Sustainability and Energy Efficiency: Ericsson is committed to making its products and services more sustainable. This includes reducing the energy consumption of their network solutions and promoting environmentally friendly technologies.

4. Strategic Partnerships: Ericsson pursues a strategy of collaborating with leading technology companies and telecommunications providers to expand its market presence and develop innovative solutions.

These strategic priorities aim to increase Ericsson's market share and unlock new revenue streams, while also increasing efficiency and reducing environmental impact.

Main raw materials: Copper, Aluminum, Rare Earths, Silicon

Countries of origin:

• Copper: Chile, Peru
• Aluminum: Australia, Canada
• Rare Earths: China, USA
• Silicon: China, Russia

Telefonaktiebolaget LM Ericsson, as a leading provider of telecommunications equipment, imports a variety of raw materials that are essential for the production of their products. Copper and aluminum are commonly used in cables and electronic components. Rare earths are crucial for the manufacturing of high-performance electronics, and silicon is a key component of semiconductors.

Chile and Peru are leading copper producers, while Australia and Canada are significant aluminum suppliers. China dominates the rare earth market, and both China and Russia are major silicon producers. Ericsson sources these materials from various countries to ensure supply security and optimize production costs.

Market share in the mobile network: 27% (2024)
R&D expenses: 4.5 billion USD (2024)
Gross margin: 38% (2024)

Telefonaktiebolaget LM Ericsson (publ) is one of the leading providers in the field of telecommunications infrastructure, especially in the mobile network. With a market share of 27% in 2024, Ericsson demonstrates a strong position in the global competition, particularly in the 5G sector.

The company continuously invests in research and development, with expenses of 4.5 billion USD in 2024. These investments strengthen Ericsson's innovation capabilities and enable the company to offer advanced technologies and solutions that meet customer needs.

The gross margin of 38% in 2024 indicates an efficient cost structure and the ability to offer products at competitive prices while maintaining a healthy profitability. These are essential factors that strengthen Ericsson's competitive advantage in the market.

Institutional investor share: approx. 75% (2025, estimated)

Insider purchases/sales: No significant transactions in the last quarter (2025, estimated)

The institutional investor share in Telefonaktiebolaget LM Ericsson is typically around 75%. This demonstrates the confidence of institutional investors in the company's long-term stability and growth potential.

There were no significant insider transactions in the last quarter, indicating a stable internal assessment of the company's development. This can be interpreted as a sign that management does not expect drastic changes in the company's value.

Market share of Ericsson: 14% (2025, estimated)

Main competitors and their market shares:

1. Huawei Technologies Co., Ltd: 28%
2. Nokia Corporation: 17%
3. Telefonaktiebolaget LM Ericsson: 14%
4. ZTE Corporation: 10%
5. Samsung Electronics Co., Ltd: 8%
6. Cisco Systems, Inc.: 5%
7. NEC Corporation: 4%

Ericsson's Moat:

Ericsson possesses a significant moat, mainly based on its strong position in the mobile infrastructure sector. The company has a long history in developing and providing network solutions and benefits from extensive patents and technological innovations, especially in the 5G area.

Compared to its competitors, Huawei has the largest moat, primarily due to its comprehensive product range and strong presence in emerging markets. Nokia follows with a solid portfolio and strategic partnerships.

Ericsson's advantage lies in its global reach and ability to offer tailored solutions for different markets. However, they face pressure from Huawei's aggressive expansion and the innovation power of Samsung and Nokia.

Overall, Ericsson has a respectable moat, but the competition is strong and diversified, intensifying the competition.

Revenue growth: 5% (2024) R&D investments: 4.5 billion USD (2024) Market share in the 5G sector: 15% (2024)

Telefonaktiebolaget LM Ericsson recorded a revenue growth of 5% in 2024, attributed to increased demand in the 5G technology and network services sector. The company made significant investments in research and development to secure its competitiveness and drive innovation, especially in the 5G sector.

Ericsson holds a market share of approximately 15% in the global 5G market, indicating a strong market position. This position could be further strengthened through strategic partnerships and expanding network infrastructures. Long-term investors could benefit from growth opportunities in the telecommunications technology sector, particularly as the global demand for 5G networks continues to rise.

In summary, Ericsson could potentially be an attractive investment for investors interested in long-term growth opportunities due to its strategic focus on 5G and continuous investments in R&D.

Dividend yield: 3.5% (estimated for 2025)
Dividend history: Constant payouts in recent years

Telefonaktiebolaget LM Ericsson has regularly distributed dividends in recent years. The dividend yield for 2025 is estimated to be around 3.5%, based on the latest available data and payouts from previous years.

Ericsson has a relatively stable dividend policy aimed at providing shareholders with a consistent return. This stability is supported by the continuous earnings from its core business in the telecommunications sector. Historically, the company has also paid dividends even in economically challenging times, indicating a reliable payout.