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Thursday April 28, 2005 10:00 am
Siemens To Sell Mobile Division
Posted by Edwin Soto Categories: Smartphones, Corporate News
German 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.
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| Yahoo! News