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ERIC Ericsson

5.20
0.05 (0.97%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Ericsson NASDAQ:ERIC NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.05 0.97% 5.20 5.20 5.99 5.27 5.20 5.23 13,615,812 05:00:09

Audi, Ericsson to Test 5G Technology for Car Manufacturing

02/08/2018 1:46pm

Dow Jones News


Ericsson (NASDAQ:ERIC)
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   By Max Bernhard 
 

German premium car maker Audi AG (NSU.XE) said Thursday that it has signed a memorandum of understanding with Sweden's Telefon AB L.M. Ericsson (ERIC) to explore the potential of the 5G telecommunication standard as a technology for automotive manufacturing.

As a first trial, Volkswagen AG (VOW.XE) Audi and Ericsson will test the technology on two wirelessly connected production robots, Audi said.

 

Write to Max Bernhard at max.bernhard@dowjones.com

 

(END) Dow Jones Newswires

August 02, 2018 08:31 ET (12:31 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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