Wednesday, August 24, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AMD Increased GPU Market Share in Q2 2016
Chinese Firm Unveils 64-core CPU
PlayStation Now Coming to PC, DualShock 4 USB Wireless Adaptor Unveiled
Upgraded Tesla Car Get From 0 to 60 in 2.5 Seconds
Opera VPN App For Android Released
Microsoft Provides Glimpse Of 24-core Processor For HoloLens
Nvidia Unveils Parker, The Latest SOC For Autonomous Vehicles
Toshiba to Implement Eyefi Connected Features in Next FlashAir SD Cards
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 Unveils New Bluetooth Portable Speakers
LG's Latest Minibeam Projectors Offer Portability And Ultra Short-throw Characteristics
LG To Start Mass Production Of Auto Parts for GM Chevrolet Bolt
LG V20 Smartphone To Have Enhanced Audio Functions
LG's V20 Coming In September
Home Appliance and Home Entertainment Units Help LG's Quarterly Profits
LG Display Invests KRW 1.99 Trillion in Flexible OLED Display Production
After Samsung, LG Is Also Developing Foldable Displays And Smartphones
LG Electronics Reports High Earnings
LG Electronics To Work On Connected Car Platform With Volkswagen
New LG Projector Creates An 80-inch screen in Short Distance
LG Electronics Releases Mosquito-repelling TV

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .