LG, NEC possible Buyers for Siemens Mobile Business?

Jan 19 2005, 8:41am EST | by Luigi Lugmayr

The Siemens Mobile division is in trouble. Reports over the last week suggest that Siemens might either sell, close or look for a partner similar to the Sony Ericsson model.

Telecoms Korea reports that possibly LG Electronics is interested in buying the Siemens mobile business. Other reports talk about NEC and Chinese Ningbo Bird as possible buyers.
Siemens is making apparently a decision on January 27th. Siemens lost 141 Mio. Euros last year.

The photo shows the Siemens foray into fashion phones the Siemens Xelibri line - long dead.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.