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To: Eric L who wrote (317)	11/15/2005 10:32:48 AM
From: elmatador	Respond to of 356

Siemens to invest heavy to overtake Nokia in mobile gear market German tech giant Siemens has announced that they have planned to invest heavily in their mobile communications division and aim to overtake Nokia to become the second largest player in the world in mobile gear market. Siemens was the world’s third-biggest mobile telecoms network equipment supplier last year with about 13 percent of the market. They are dominated by industry leader Ericsson and Nokia having 27% and 14% market share respectively. Motorola is also a big player in the market with around 10% market share. They are also getting more competitive as they have found huge success with their Razr range of mobile phones. The global wireless infrastructure market is currently worth around $49 billion and it is expected to grow by around 10% this year. Christoph Caselitz, president of Siemens mobile networks division said in a statement: “We want to be number-two on the world market for mobile communication technology, and are well on our way toward achieving this goal. We will be enjoying an above average share of this region’s breathtaking growth.” Siemens is also planning to expand its partnerships in the Asian region which is one of the fastest growing mobile markets in the world.

To: Eric L who wrote (317)	12/13/2005 3:15:05 PM
From: elmatador	Respond to of 356

Siemens May Withdraw From telecoms Com, SBS Units, Deutsche Bank Says Deutsche Bank estimates there is a 75 percent chance Siemens will exit both Com and SBS within the six to 12 months. Dec. 13 (Bloomberg) -- Siemens AG may exit its telecommunications and computer-services divisions within the next year as the German engineering company focuses on its more profitable industrial businesses, Deutsche Bank AG said. ``We discern that management is becoming more and more confident about the future of the core industrial units,'' Deutsche Bank AG analysts led by Peter Reilly said in a Dec. 12 note. ``We also discern a lack of verbal commitment to Com and SBS.'' The Com and SBS divisions are the main cause for Siemens's falling earnings this year, as costs to cut more than 6,500 jobs at the two businesses and losses from fixed networks and computer services hurt profitability. Retreating from Com and SBS would require Munich-based Siemens to part with almost 100,000 workers and about 19 billion euros ($22.7 billion) in annual revenue. Deutsche Bank estimates there is a 75 percent chance Siemens will exit both Com and SBS within the six to 12 months. At the same time, the Frankfurt-based bank said ``this is a simple judgment call as there is no definitive evidence of the path that Siemens has chosen.'' Deutsche Bank yesterday raised its rating on Siemens to ``buy'' from ``hold,'' with a share price target of 85 euros. Tackling Underperformers ``We think that there is a good chance that SBS will cease to exist within 6 months,'' the Deutsche Bank analysts said in the note to investors. ``The chances that Siemens will be radical and will exit Com are steadily improving.'' Under Chief Executive Klaus Kleinfeld, Siemens has begun tackling underperforming divisions by retreating from the unprofitable mobile-phone business and dissolving an industrial logistics unit. At the same time, Kleinfeld has made more than 3 billion euros worth of acquisitions in areas such as factory automation, wind energy and medical equipment this year. Kleinfeld and Chief Financial Officer Heinz-Joachim Neubuerger met with analysts and investors in London last week to provide more details on their strategy. The stock gained on the two trading days after the meeting, helping Siemens catch up some of the lag behind Germany's benchmark DAX 30 Index, which is up 25 percent this year, while Siemens shares have gained 10 percent in the period. Siemens has declined to provide an outlook for fiscal 2006, which started in October, and said it can't rule out that charges next year will be similar to those amassed in 2005. The retreat from mobile phones has cost Siemens 810 million euros to date, and the SBS division alone lost 690 million euros in fiscal 2005. To contact the reporter on this story: Benedikt Kammel in Berlin at bkammel@bloomberg.net.

To: Eric L who wrote (317)	12/15/2005 12:58:40 PM
From: elmatador	Read Replies (1) \| Respond to of 356

Siemens says US mobile could shift to GSM. Siemens (SIEGn.DE: Quote, Profile, Research) believes North American telecoms operators could shift to the GSM mobile standard from the rival CDMA system, a senior company executive said in an interview published on Thursday. Siemens says US mobile could shift to GSM. Thu Dec 15, 2005 02:52 AM ET Printer Friendly \| Email Article \| Reprints \| RSS HELSINKI (Reuters) - Siemens (SIEGn.DE: Quote, Profile, Research) believes North American telecoms operators could shift to the GSM mobile standard from the rival CDMA system, a senior company executive said in an interview published on Thursday. "Latin America is already moving from CDMA technologies to GSM," Christoph Catselitz, the head of Siemens AG's mobile networks business told Finnish business daily Taloussanomat. "I would not bet on North America continuing with CDMA." CDMA (code division multiple access) technology was invented by San Diego-based Qualcomm (QCOM.O: Quote, Profile, Research) and the company delivers virtually all chips needed in CDMA networks and mobile phones used by some 500 million consumers mostly in the Americas and Asia. The rival European-invented Global System for Mobile Communication (GSM) has 1.6 billion users globally, according to the GSM Association. "CDMA is losing market share globally as the new mobile phone users live mostly in the areas where GSM is the leading technology," Catselitz was quoted as saying. Catselitz said Siemens aims to grow its network infrastructure services operation faster than the market grows. It has 80 deals with operators in 50 countries. Among the markets the company is active in is China, which he said could issue third generation (3G) licenses in several stages, starting early next year. "I believe China's 3G licenses will be given in the early part of 2006, it could be the first quarter," he said. China is expected to spend more than $10 billion to set up its 3G networks after licenses are awarded, widely expected to be in the first half of 2006. go.reuters.com