Ericsson’s New Growth Driver?

LM Ericsson Telephone Co. (ERIC - Analyst Report) recently launched its mobile broadband module specifically designed to bring high-speed wireless connections to a new generation of consumer electronic devices.

Intended for immediate incorporation in e-book readers, GPS navigators and other popular portable consumer electronics, the CE module can be integrated into media players and durable goods as embedded mobile broadband gradually enters everyday life.

The new Ericsson CE module, C3607w, gives device manufacturers the flexible, self-contained connectivity solution needed to create next generation intuitive and innovative consumer electronics by decoupling processor and connectivity design. A third in size compared with earlier Ericsson modules, the C3607w comes with an extensive operator approval program and outstanding IPR protection which eases integration and reduces time to market.

The C3607w is Ericsson's smallest, lightest and fastest mobile broadband module to date, capable of getting uplink speeds of 5.76 Mbps with up to 40% less power consumption than previous modules. Equipped with Ericsson's wake-on-wireless feature that facilitates remote wake-up commands from sleep mode, the CE module will also feature a new set of security and messaging applications.

Ericsson's C3607w consumer electronics module is expected to be available in the first quarter of 2010.

Headquartered in Stockholm, Sweden, LM Ericsson Telephone Co. is a multinational company engaged in manufacturing and selling wireless infrastructure equipment for the telecom sector. It is a total network solutions provider, serving wireless and wireline operators, enterprises and consumers.

The company is primarily a supplier of global system for mobile communications (GSM)-based equipment and looks to benefit from next generation systems as more broadband content is being streamed to mobile devices, prompting network providers to upgrade their networks. GSM is the dominant wireless standard in Europe and most of the world. 

Sony Ericsson, the company’s 50/50 mobile handset joint venture with Sony, is one of the top-five largest manufacturers of cell phones in the world. Alcatel-Lucent (ALU - Analyst Report) is the company’s chief rival. We currently have a Neutral recommendation on Ericsson.

Read the full analyst report on ALU

Read the full analyst report on ERIC