Ericsson Expects Modem Revenues This Year
Ericsson expects revenues this year from an LTE modem based on the technology it retrieved from its failed jv ST-Ericsson.
The M7450 has been qualified by China Mobile and is in qualification with other network operators.
As well as retrieving the modem from ST-E, Ericsson took back 1,800 former employees from the wreck of the jv.
Ericsson has always had a belief in its modem technology but it is estimated that it would have to sell 45 million M7450s at an ASP of $17 to break even this year. That isn’t going to happen.
Tags: Ericsson, network operators