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To: Uncle Frank who wrote (8270)10/14/1999
From: Chadick  Respond to of 54805
 
re:Siemens.....
Any comments on Siemens purchase of 15% of NeoPoint?
neopoint.com

Fred



To: Uncle Frank who wrote (8270)10/14/1999 12:10:00 AM
From: LBstocks  Respond to of 54805
 
Uncle Frank-Information on Siemens:

Siemens-aims to boost mobile phone sales to 35 mln

FRANKFURT, Oct 10 (Reuters) - Germany's Siemens AG said on Sunday it plans to boost its mobile phone unit sales to 35 million in 2001 from 12 million as it aims for 10 percent of the global market for the devices.

The diversified industrial group also said it had acquired 15 percent in San Diego-based U.S. "smartphone" maker NeoPoint Inc. and was planning a network solutions joint venture with Japan's NEC .

According to the text of a speech to be delivered by Siemens management board member Volker Jung at the Telekom 99 trade fair in Geneva, Siemens and NEC want to develop a common platform for broadcasting systems with UMTS technology.

Siemens did not disclose a purchase price for its stake in NeoPoint, which makes mobile phones with Internet capability and other advanced features.

NeoPoint is a market leader in the development of the U.S. CDMA digital mobile standard, Jung said in the speech.



To: Uncle Frank who wrote (8270)10/14/1999 4:18:00 AM
From: Bruce Brown  Respond to of 54805
 
Re: msft buying qcom handset division, I'd be extremely surprised. Siemens, the long rumored suitor, would be much more likely. I don't think they make phones at present.

UF,

I'll break protocol and answer before I read the next 10 or so messages. I just got off my Siemens GSM 'handy phone' (as we call them over here) that I bought in 1995. Price paid: $1000 smackaroos. Talk about leaving money on the table.....

I live in an apartment building that houses three Nokia employees from Finnland. (Try watching your kids who speak German and English attempt to learn Finnish from the other kids.) I often tease my neighbors about CDMA and the future. I was really thrilled when one of their friends arrived a couple of weeks ago for a weekend visit from Finnland. She runs a contracting business in Finnland and just purchased all new phones for the workers and herself. Siemens is what she bought. Cute little small pocket type of phone. Real James Bond stuff. Mutiny was the battle cry all weekend from my neighbors. How could a Finn not buy Nokia!!!??? - was the number one sentence I heard all weekend long. It was fun to watch....

BB