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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 166.05+0.6%Nov 19 3:59 PM EST

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To: Sawtooth who wrote (1733)9/21/1999 9:00:00 AM
From: Jeff Vayda  Read Replies (1) of 13582
 
Consolidation in handset market: Siemens buying Bosch plant, Qualcomm handset capacity to be next?

Jeff Vayda
(Thanks to Phillips Telecom)

Mobile-phone production is one of the operations that German radio equipment manufacturer Robert Bosch GmbH is expected to sell as it divests failing divisions, according to media reports in Europe.

Bosch also is expected to sell its wireline and broadband networks divisions. The mobile handset production operation in Aalborg, Denmark, is sought by Siemens AG, while the wireline networks business will be taken over by General Electric Co. Plc, of the United Kingdom, and the broadband cable network is attracting the interest of Deutsche Bank AG.
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