LG, NEC possible Buyers for Siemens Mobile Business?

Posted on Wed, 19 Jan 2005 08:41:05 CST | by Luigi Lugmayr

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LG, NEC possible Buyers for Siemens Mobile Business?

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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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Posted on Wed, 19 Jan 2005 08:41:05 CST | by Luigi Lugmayr

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