Core Insights - Ericsson has signed a USD $3 billion partnership agreement with Export Development Canada (EDC) to enhance Canadian research and development in 5G, Cloud RAN, AI, and quantum technologies [1][3][4] - The partnership aims to strengthen domestic supply chains and support global growth, reinforcing Canada's position as a leader in next-generation networks [2][3][4] Company Overview - Ericsson Canada employs over 3,100 people and has R&D centers in Ottawa, Montreal, and Toronto, focusing on advancements in 5G, 5G Advanced, and 6G technologies [2][5] - The company has a long-standing commitment to innovation in Canada, having previously entered a CAD 634.8 million R&D agreement with the Government of Canada in 2024 [4][5] Partnership Objectives - The three-year partnership will enable Ericsson to expand its innovation projects and connect with domestic businesses, enhancing its ability to bring Canadian technology to global markets [3][4] - EDC's support will help Canadian companies integrate into global supply chains and advance cutting-edge technologies [4] Industry Impact - Ericsson has been a key player in Canada's innovation ecosystem for over 70 years, supporting communication service providers through various mobile technology generations [5] - The company is also involved in fostering 5G adoption and collaboration within Canada, contributing to a more competitive economy [5]