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In the news it was said that siemens was pumping in $300mn in india. Last heard, they were still in pathetic state.
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Posted: 2005-02-09 16:11:17
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its only the mobile phone division of siemens that is having problems as I understand it and looking at several news articles it seems to be $500m they are putting into india. The news also mentions that it is adding more software professionals and scientists at its facility in Bangalore. These software professionals works on telecom software, hospital information systems, call centre solutions and automotive electronics.
thats the basic summary of it all
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[ This Message was edited by: masseur on 2005-02-09 15:18 ]
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Posted: 2005-02-09 16:17:38
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Oh! Why cant these other sections help the telecom sector?
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Posted: 2005-02-09 16:21:04
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On 2005-02-09 16:11:17, govigov wrote:
In the news it was said that siemens was pumping in $300mn in india. Last heard, they were still in pathetic state.
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Yup! As per last news, thay are losing US$ 1.3M/day or roughly around 1M euros, they have an option to merge with a leading mobile company here in Asia

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Posted: 2005-02-10 03:19:07
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@jojo, You're looking forward for SE-S. I presume!
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Posted: 2005-02-10 03:26:31
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On 2005-02-10 03:26:31, whizkidd wrote:
@jojo, You're looking forward for SE-S. I presume!
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what is an SE-S, with the issue on hand what Siemens needs is an "SO-S" I surmise

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Posted: 2005-02-10 03:38:06
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Are they really in that bad shape? :-D lol
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Posted: 2005-02-10 03:43:04
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@whizkidd - Just imagine LOSING US$ 1.3M daily

mate ! I guess a merge with

is not in the offing, as an Asian based celfone company is what they are aiming at pal . . . say, BenQ and Bird, that is, if these 2 are Asian mades

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Posted: 2005-02-10 03:48:17
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Residentevil Posts: > 500
Siemens AG is a large German Corporation and benefits probably from the other Siemens Divisions. Their industrial controls devision is pretty strong. So they might shuffling money from them around.
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Posted: 2005-02-10 03:55:28
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Afaik, BenQ is asian. Taiwanese i guess.
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Posted: 2005-02-10 03:58:40
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