Ericsson USA 5G Smart Factory recognized as ‘Global Lighthouse’ by the World Economic Forum

Ericsson’s (NASDAQ: ERIC) USA 5G Smart Factory in Lewisville, Texas, has been recognized by the World Economic Forum as a global front runner in the Fourth Industrial Revolution (4IR). The Forum has awarded the site with its prestigious “*Global Lighthouse” designation in recognition of Ericsson’s deployment of next-generation technology at the site and its subsequent impact – including an impressive 2.2 times improved output per employee when compared to a similar site without the automation and 4IR improvements.