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Technology Stocks : Siemens -- Ignore unavailable to you. Want to Upgrade?


To: mightylakers who wrote (93)7/4/2001 11:32:04 AM
From: Eric L  Read Replies (1) | Respond to of 356
 
Lakers,

<< Great news, fight is not over so we won't be bored<ggg> >>

... and the focus shifts to:

"Siemens Says It Will Not Pay Qualcomm for China Mobile Standard"

I hate boredom!

That is GREAT news.

Forward Charge!

To the Victor go the spoils.

YUM, YUM!

Just another tasty morsel for the trophy wall.

As for Bloomberg ... I like their traffic reports for navigating through, in, and around NYC.

- Eric -



To: mightylakers who wrote (93)7/17/2001 8:45:05 AM
From: elmatador  Read Replies (1) | Respond to of 356
 
Seven UMTS/3G mobile radio networks tested successfully in Europe - Siemens and NEC delivered the network infrastructure and rank among the top UMTS suppliers

The third generation of mobile network infrastructure (3G) has been rolled out: Seven European mobile operators completed test runs successfully. In Italy, Germany, Austria, Monaco and Finland voice call were made via UMTS/3G trial networks. Stable connections were also made to and from the existing GSM networks and fixed line networks. Pre-series mobile phones were used in the test runs. In addition to the voice calls a first video call was made on the Isle of Man transmitting live pictures from handset to handset via the UMTS air interface. All calls were made using 3G equipment supplied jointly by the cooperation partners Siemens Information and Communication Mobile (IC Mobile) and NEC.

"With these test runs completed successfully UMTS/3G has left behind the lab trial phase and proven reliable under real life conditions. The fact that these first calls were made on 3G technology supplied by Siemens and NEC demonstrates our leading position as a UMTS mobile networks vendor", comments Lothar Pauly, member of the board of Siemens IC Mobile. "UMTS/3G has revolutionised the 21st century. Both NEC and Siemens are proud to be pivotal in the implementation of UMTS/3G services to operators across Europe. UMTS/3G services will change our lives and NEC and Siemens are committed to developing new mobile technology to push the boundaries of UMTS/3G further", said Hirofumi Okuyama, Associate Senior Vice President&Executive General Manager, International Operations Unit of NEC Networks.

Besides 3G infrastructure Siemens IC Mobile supplies mobile applications enabling 3G networks to deliver new multimedia and data services. Siemens and NEC have signed agreements with 17 mobile operators for delivery and installation of UMTS/3G networks.

UMTS
In 1992, as GSM was launched on the market, Siemens IC Mobile had already begun to research, design and develop UMTS and today employs some 4,000 engineers in this segment. Together with its cooperation partner NEC, Siemens IC Mobile is supplying the first UMTS networks in Europe.
Siemens and NEC are the only companies cooperating worldwide who can offer both UMTS radio technologies: FDD (Frequency Division Duplex) for long-distance coverage and symmetrical broadband applications, such as mobile video telephony as well as TDD (Time Division Duplex) for asymmetrical applications, such as internet services in densely populated areas. These services are becoming increasingly important in highly developed telecommunication markets. TDD guarantees the best possible use of the available radio frequencies and thus ensures optimum transmission rates.

The Siemens Information and Communication Mobile Group (IC Mobile) offers the complete range of mobile solutions including mobile devices, infrastructure and applications. Devices include mobile phones, wireless modules, mobile organizers and cordless phones as well as products for wireless home networks. The infrastructure portfolio includes the complete range of GSM, GPRS and UMTS mobile network technologies from base stations and switching systems to intelligent networks, e.g. for prepaid services. Applications cover mobile services for Unified Messaging, Location Based Services and Mobile Payment. For the fiscal year 2000 (which ended September 30, 2000), IC Mobile recorded sales of EUR 9 billion and EBIT of EUR 758 million. The group employs 29,840 employees worldwide. (March 31, 2001).
You can access further information about Siemens IC Mobile on the Internet at: www.siemens.de/mobile and www.siemens.com/umts

NEC and its Networking / Mobile Communications Business Unit
NEC Corporation is a leading provider of Internet solutions, dedicated to meeting the specialised needs of its customers in the key computer, network and electron device fields through its three market-focussed in-house companies: NEC Solutions, NEC Networks and NEC Electron Devices. NEC Networks is now focusing its businesses on Internet-related fields, Broadband Internet and Mobile Internet, and the next generation mobile is the key business where NEC is putting its major resources and efforts. NEC has been actively involved in promoting the development of W-CDMA technologies and has always been at the forefront in this field. NEC has been actively involved in W-CDMA technical trials all over the world with leading carriers in the region such as British Telecom, Telephone Organisation of Thailand (TOT), SK Telecom (Korea), SingTel Mobile (Singapore), Telecom Italia Mobile and Research Institute of Telecommunications Transmission (China). NEC has been selected as a commercial systems supplier from NTT DoCoMo and J-Phone Group in Japan and has already started delivering all the major network systems including core network to NTT DoCoMo's world's first commercial 3G network, which is to commence service in May this year.
Internet site for NEC’s 3G nec.co.jp

For more information on NEC please contact:

Kazuya (Kaz) YOSHIDA
Corporate Communications Manager
NEC Europe Ltd
Tel ; +44-(0)20-7853-5900
Fax ; +44-(0)20-7853-5901
e-mail: kazuya.yoshida@uk.neceur.com

You can find this press release in the Internet at:
siemens.com

This press release contains statements about future trends based on presumptions and estimates of Siemens Management. Although we assume that the expectations of these predictions are realistic, we cannot guarantee that these expectations will prove correct. The assumptions can carry risks and uncertainties which could lead to the actual results essentially deviating from the predictions. Factors that could cause such deviations include: changes in the economic and business environment, exchange rate and interest rate fluctuations, the introduction of competitive products, a lack of acceptance of new products or services and changes of the business strategy. Neither does Siemens plan to update these predictions nor will it accept responsibility for them.

Reference number: ICM 200107.74 e
Press Office
Information and Communication Mobile
Axel Schafmeister
D-81730 Munich
Tel.: +49-89 636-51675; Fax: -53484
E-mail: axel.schafmeister@mch.siemens.de



To: mightylakers who wrote (93)9/19/2001 4:47:42 AM
From: elmatador  Respond to of 356
 
Siemens chief sees 'no effect' on his business.

COMMENTS: (Added the fact that US companies will lose business in foreign markets, this is good for Siemens business.)

Siemens chief sees 'no effect' on his business

By Bertrand Benoit in Frankfurt
Published: September 18 2001 22:57 | Last Updated: September 18 2001 23:02



The head of Siemens, the German electronics and engineering group, does not expect last week's terrorist attacks on the US to have an adverse effect on its many businesses.

Speaking on the margins of a conference in Berlin on Tuesday, Heinrich von Pierer, chief executive, said: "I do not see any effect."

He cited the limited exposure of Siemens' fixed communications network business to the US market as one reason.

His remark contrasts with warnings from US companies such as General Electric - one of Siemens' closest competitors - and Ford about the business fallout from the attacks.

"[Mr von Pierer's] is a very broad statement," said James Stettler, analyst at Dresdner Kleinwort Wasserstein. "I would not say such a thing, because you never know what the knock-on effects could be."

Siemens sought to play down Mr von Pierer's comment, saying he was reflecting only on the immediate aftermath of the attacks.

"Any long-term consideration would be highly speculative," it said.

Siemens is planning to expand aggressively in the US, which it has said will overtake Germany as its single largest market by the end of this year. US sales in the first nine months of this year totalled E14.16bn ($13.07bn) - one-quarter of total turnover.

Analysts said Siemens' mobile and fixed telecoms businesses had only negligible market shares in the US.

However, they highlighted the risks of a prolonged fall in consumer confidence and longer-term consequences for the US economy.

Siemens Medical Solutions and the group's Power Generation unit - two of its best performing divisions this year - generate 38 per cent and 36 per cent of sales respectively in the US.

"Arguably those are long-cycle businesses," said Mr Stettler. "Unless there is a dramatic recession, power plants will still be built and medical equipment will continue to be sold."

However, he said consumer-oriented businesses - such as Osram, a light-bulb manufacturer that makes half of its sales in the US - and Siemens' more cyclical activities could prove vulnerable in the medium term.

Those would include Siemens' building technology unit, its production and logistics business (with 36 per cent of sales in the US) and its automotive business (which has more than one-quarter of its sales in the US).

The four units together account for one-fifth of Siemens' total sales.

Shares in Siemens were E1, or 2.3 per cent, lower at E43 in late Frankfurt trading on Tuesday.