Trend: Ericsson says 3G will drive content

Demand for mobile content and media-rich handsets will fuel the growth of 3G and HSDPA. Ericsson this week said that WCDMA and HSDPA networks will enable carriers to take advantage of the growing revenue stream from mobile content. As a part of this grand strategy, Ericsson signed an agreement with the Shanghai Research Center for Wireless Communications to work together on researching super 3G and 4G technology. Ericsson also announced a $1 billion investment in China over the next five years.

For more on Ericsson's 3G and HSDPA strategy:
- go to this press release

PLUS: Ericsson inks an HSDPA network deal with Israel's largest mobile carrier, Cellcom. Release