Ericsson to Invest R$1 Billion to Develop 5G in Brazil, Says Executive

The company will expand its plant in São José dos Campos.

RIO DE JANEIRO, BRAZIL - The Swedish telecommunications equipment manufacturer Ericsson plans to invest R$1 billion (US$250 million) to expand its plant in São José dos Campos (SP), developing a new assembly line exclusively dedicated to 5G technology products that will be supplied to all of Latin America.

The operation should intensify the competition with Nokia and Huawei, which also have plants in the State of São Paulo and are in the race to lead the installation of the Subscribe to our Premium Membership Plan. Already Subscribed?