Monday, September 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple's iCloud Could Have Allowed Celebrity Nude-Photo Leak
Google To Launch New Budget Phone In India
Asus ZenWatch To Have Voice Control Features
Miraisens Showcases Touchable 3D Tech
Nintendo's Figurines Coming Later This Year
ASUS and G.Skill Take Overclocking Records
Korean Researchers Advance Synthesis Process for Graphene Quantum Dots
LG Display Opens LCD Panel Plant in China
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Mobiles > LG snif...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, January 21, 2005
LG sniffing round Siemens mobile phone biz


South Korean firm LG Electronics is in the frame to buy Siemens' loss-making handset business, according to German business magazine WirtschaftsWoche, by way of newswire AFP.

Unnamed sources say the two companies are locked in talks over the future of the mobile phone business, which lost ?140m (97m) in the fourth quarter of 2004.

According to recent reports, Siemens will close its mobile handset division unless it can find a buyer for the loss-making business, which is the world's fourth biggest handset maker.

Chief executive Heinrich von Pierer is quoted as saying: "Either the situation has to be fixed or we have to find a partner for co-operation. We have to fix, close or sell."

NEC and Chinese manufacturer Ningbo Bird - both linked as possible buyers - have denied any interest in acquiring the business. A decision about the future of Siemens's mobile phone business is expected at the group's annual meeting on 27 January.

For additional information visit www.theregister.co.uk.


Previous
Next
Global digital Music market soared in 2004        All News        'Halo 2' Video Game Sales Hit 6.4 Mln Units
TI integrates cell phone tasks on one chip     Mobiles News      SAMSUNG Introduces World?s First "3-dimensional Movement Recognition" Phone

Get RSS feed Easy Print E-Mail this Message

Related News
LG Display Opens LCD Panel Plant in China
Samsung, LG Introduce New Smartwatches
LG G3 Stylus Debuts At IFA
LG Teases With Round G Watch
LG Delivers New Bluetooth Minibeam Projector, More L Series Smartphones
LG's Flowing Sound Audio Wireless Solution Coming At IFA
LG G3 UX To Become Standard In Across LG's Mid- to Entry-level Devices
LG To Unveil Curved IPS Monitor At IFA 2014
LG G Watch 2 Coming At IFA
LG Begins Shipping LTE Version Of G PAD 8.0
LG Brings In The U.S. An OLED TV That You Might Buy Easier
LG G3 A Released In Korea

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .