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*Jojo* Posts: > 500

As I watch BBC News the other night, I saw this report that the 4th ranked Celfone giant in the world - Siemens is already 'in the red'

As it continuously losing - US$ 1.3 M a day or roughly around 1M in Euros ! Though the CEO said that the company will not declare bankruptcy nor close it's business. Other options are to merge with an Asian celfone-producing company or will apply for a loan.
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Posted: 2005-02-08 14:03:36
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masseur Posts: > 500

there is a thread discussing this

Siemens mobile arm for sale or closure
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Posted: 2005-02-08 14:10:51
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