SIEMENS mobile phone does not sell to global manufacturing to Shanghai

Yesterday (20 days), from SIEMENS internal news of SIEMENS's mobile phone business -- not to sell, the company will increase investment in Shanghai SIEMENS mobile telecommunications company limited, and may be the company's global mobile phone manufacturing business to Shanghai, but the final answers to the shareholders' meeting to be announced in January 27th after SIEMENS.

Since SIEMENS's mobile phone business to find buyers after the news came out, the media has come waveguide, NEC and SIEMENS to negotiate the acquisition of business news. In the recently published German business week also published an article that South Korea LG company is also on the matter and SIEMENS negotiations, but these three companies have publicly denied.

SIEMENS in the mobile phone business is not satisfactory, the original intention to adjust the business, but the plan failed. In this case, SIEMENS hopes to find a home for the mobile phone business.

SIEMENS chairman Feng Bile has said that the mobile phone business in the future may face a variety of options, including restructuring, sale, the formation of a joint venture or even completely shut down, etc.. According to sources, SIEMENS and the three companies to discuss the news is not all Weakness lends wings to rumours. but due to various reasons, leading to miscarriage, which is mainly on the purchase price can not reach a consensus. SIEMENS in the negotiations failed, may not have been returned to the previous adjustment of the old way of thought, the mobile phone manufacturing business all moved to the Shanghai base, is not the last resort.

Reporters yesterday on this message to Siemens Ltd China executive vice president Berg confirmation, but he said he was in a meeting. As of press time ago, SIEMENS's public relations department to reply to this newspaper is still unable to verify, and said, SIEMENS before the January 27th general meeting, will not issue any public information on this issue.

Data background

Shanghai SIEMENS Mobile Communications Co., Ltd. is one of SIEMENS's largest mobile phone production base. Founded in 1993, mainly to provide GSM, W-CDMA, TD-SCDMA and other mobile communication network systems and mobile phone products production and after-sales service, products and services are facing China and the global market.