Telecom equipment supplier Ericsson-LG said Wednesday that it would make all-out efforts to lead the next-generation network market, often called 5G, with its improved services and hardware.

“Ericsson-LG’s efforts to complete the establishment of a networked society will produce meaningful results from this year,” said Martin Wiktorin, chief executive of Ericsson-LG, at a press meeting in Seoul, adding the company would transform itself into a leading software and services provider, contributing to the growth of the domestic ICT market.

Ericsson-LG, a joint venture founded by the Swedish group Ericsson and South Korean tech giant LG Electronics, is one of the three leading mobile network builders along with Samsung Electronics and Nokia in Korea.

Samsung reportedly accounts for around 40 percent of the local telecommunications equipment market while Nokia and Ericsson-LG each hold a 30 percent market share. 


On top of its existing Long-Term Evolution network infrastructure business, he said the company would reinforce Internet of Things businesses that integrate cloud, big data and IoT platform services.

The company also announced a big data analytics solution Ericsson Expert Analytics 15.0, optimization systems for connection between sensors and devices, called Service Enablement Platform and Device Connectivity Platform.

In addition it introduced wireless solutions to deal with increasing data traffic and improve user experience including the SSR8000 virtual router, the Continuum hybrid cloud and HDS8000 hardware for data centers, which was codeveloped with U.S. chipmaker Intel.

“Corporates should swiftly adapt to the fast-changing mobile network environment, which is shifting to cloud, by deploying cloud infrastructure,” said Kwon Kyoung-in, head of Ericsson-LG’s customer solution and engagement.

With regard to the Korean government-led project to build emergency networks across the nation, Kwon said the company would try to actively join a consortium of other network equipment providers and collaborate with small- and medium-sized firms in establishing what he called the networks that protect the lives of the public.

By Kim Young-won  (wone0102@heraldcorp.com)