Bosch Launches €250 Million Fund for Startups
In the face of economic uncertainty and global economic turbulence, Bosch is continuing with its commitment to provide venture capital to startups.
Ericsson booked increased revenue and profit in the first quarter of 2025. Its CEO, Borje Ekholm, is confident that the company can respond to volatile global market conditions, having built resiliency into its supply chain.
During the company’s financial results call, Ekholm conceded it would not be immune to current macroeconomic turmoil and tariffs, which are impacting the industry, but asserted it is well-placed to succeed across varying market conditions. “We have taken actions over many years to build resiliency into our supply chain, including how and where we manufacture our products,” Ekholm emphasized, noting “our focus remains on controlling what we actually can control, including pricing and spending”.
Among the previous actions pointed to by Ekholm were the development of well-diversified production close to the customer and the flexibility to adapt to changing conditions over time. In terms of market areas, he pointed to Ericsson's strong position in mobile networks and backed the enterprise segment to stabilize throughout 2025.
During Q1, the company booked revenue of SEK55 billion ($5.6 billion), up 3% year-on-year, with what it described as strong growth in its Americas market area being offset by declines elsewhere. Net profit was up 61% to SEK4.2 billion. Among the highlights from the quarter cited by the company was its first programmable networks deal in the Asia-Pacific region and all three US operators signing up for API fraud detection deployment with venture Aduna.