Can't make it to the 2014 International Consumer Electronics Show? Never fear: The Fool is there to check out the tech and report back on who's there and what's new. With thousands of products in more than 15 categories, the next big thing is surely making its debut at the CES in Las Vegas.
Ericsson (NASDAQ:ERIC) CEO Hans Vestberg gives the Fool a glimpse of his company's Dot technology, an innovative indoor wireless solution set to go into production later this year.
Even more exciting than this revolutionary technology are the incredible profits to be made from it, and when it comes to cashing in on big trends, no one is better than David Gardner. Click here now to uncover the one stock he's buying now.
A full transcript follows the video.
Eric Bleeker: Hey, Fools. I'm Eric Bleeker, and I'm here with Ericsson's CEO. We just witnessed a mobile panel, and one of the cool things we saw was the Dot.
Hans Vestberg: The Dot!
Bleeker: Tell me a little bit about the Dot.
Vestberg: The Dot is totally innovative. It's a way of actually doing indoor coverage equally good as outdoor coverage, and getting the same type of service indoor as outdoor. It's just using the Ethernet cables that you have inside your home, or in your residence, or in the hotel or whatever, and then you get your mobile coverage. That's what is doing the Dot.
Bleeker: Great, and this is working to solve the problem of the spectrum crunch, especially in urban areas. When are we going to see commercial applications of this?
Vestberg: I think this is of course doing densification on the networks, so first of all you can get better coverage, and you can get much better mobile data. This product is going to go in production in the second half of this year.
Bleeker: Great. Thank you very much.
Eric Bleeker, CFA, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.