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Thursday April 28, 2005 12:00 pm

Siemens To Sell Mobile Division


Posted by Edwin Soto Categories: Cell Phones, Corporate News


Siemens Phone Division saleGerman electronics giant Siemens is planning to doing away with their mobile division.  It seems that the approximate loss of almost $2 million a day, which can be attributed to the mobile division, is reason enough to justify its sale. So far none of the other popular mobile companies (LG, Motorola, Nokia, etc.) seem interested in investing in Siemens technologies.

Read More | Yahoo! News


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