Ericsson plans to invest billions in the construction of three new research & development centers across Europe and Canada within the next few years.
The tech giant said in a press release that the new research & development centers - built at a cost of approximately SEK 7 billion - will be built in the push to provide next-generation cloud-enabled technology.
Two will be located in Sweden, in Stockholm and Linköping, while the third one, in North America, will be located in Canada, Montreal, Quebec. Up to 24,000 Ericsson R&D engineers will be housed in the new research hubs.
Combined, the centers will take up 120,000 meters of space, the equivalent of 14 football fields. According to the Stockholm, Sweden-based firm, the design of new centers will be scalable and reduce energy consumption up to 40 percent.
Ericsson says the ITC centers will "house the company's complete portfolio, enabling the R&D organization to develop and verify solutions, creating the foundation for the next generation technology and cloud-based services."
The two ICT Centers in Sweden will begin operations from end of 2013 and from the end of 2014 respectively, and the new Montreal-based center will be launched in early 2015.
The company's largest research and development center is based in Sweden, and accounts for over 9,000 employees. Other sites are based in the United States, Canada and Hungary. Ericsson's R&D expenditures were SEK 32.8 billion -- roughly 14 percent of sales -- in 2012.
Ericsson employs over 110,000 people with customers in more than 180 countries.