For Sale: Siemens Mobile Division

For Sale: Siemens Mobile Division

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Siemens’ Mobile division is looking for a buyer, or it will face closure. Struggling to make a profit last year, the company lost 140 million euros fourth quarter of 2004.

The final decision will be announced at a general meeting on January 27th.

I guess that explains the lack of new mobile devices from Siemens at CES this year.

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