Siemens Message Board - Msg: 21393550

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Technology Stocks : Siemens

SI 15.29

+0.8%

Dec 24 12:59 PM EST

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To: 49thMIMOMander who wrote (295)	6/7/2005 6:33:25 AM
From: elmatador	Read Replies (2) of 356

See how difficult is to get rid of mobile business :-) Siemens to Sell Mobile Phone Unit to BenQ 06.07.2005, 04:57 AM Siemens AG said Tuesday that it will sell its struggling mobile phone unit to Taiwan's BenQ, capping months of talks about the unit. The terms of the deal were not announced, but the decision to sell the unit was in contrast to the Munich-based company's desire to form a joint venture. Approval is still needed from BenQ's shareholders as well as regulatory agencies in Europe. BenQ is Taiwan's biggest maker of mobile phones, selling them under its own name in China. It also manufactures phones for Motorola and NEC Corp. The company was spun off from electronics company Acer Inc. in 2001. See? Just snap a label on the phone and it's done. Nokia name on BeQ phone soon?

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