Siemens in talks to sell mobile phones ops to LG Electronics: report
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German electronics giant Siemens is reportedly in talks to sell its loss-making mobile phones business to South Korean firm LG Electronics.
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Gruppo taiwanese aveva rilevato divisione cellulari Siemens
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(InfoWorld) - Yahoo has reached a deal with LG Electronics that should see its "Go" mobile platform on the screens of tens of millions of LG cell phone handsets shipped later this year, the two companies said Monday. Under the deal LG will pre-load Yahoo services, including Yahoo Go for Mobile 2.0, Yahoo Mail and Yahoo Messenger on phones sold worldwide, they said in the announcement that was timed to coincide with the start of the 3GSM exhibition in Barcelona, Spain. Precise details of the alliance, including which services would appear on what models and in which markets, were not disclosed. Financial terms were also not announced. LG was the fifth largest manufacturer of cell phones in 2006, according to figures from market research company IDC. It shipped 64.4 million phones during the year, which is 17.3 percent higher than the previous year and amounted to a 6.6 percent market share. Yahoo has already tied up with market-leader Nokia and number two Motorola in similar deals to get its search box on the cellular equivalent of the PC desktop. However those deals haven't assured Yahoo a place on all screens. Motorola and Sony Ericsson Mobile Communications also have a deal with Google and local carriers have struck their own partnerships which sometimes result in the two search engines being switched or displaced. The two companies said they will also explore putting Yahoo services on LG consumer electronics products. LG is one of the world's leading manufacturers of digital consumer electronics including flat-panel televisions and video recorders. Â
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Qualcomm (Quote, Chart) is in talks to acquire a semiconductor design firm to help satisfy demand for its third-generation CDMA (define) wireless devices, the company said Thursday.
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Nokia Siemens Networks said Monday it will transfer some research and development operations, including 230 workers, to Finnish IT service provider Tietoenator in a further move to cut costs. via PR-inside.com
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Sprint - the US&#39;s third biggest mobile telco - and fifth-place rival Nextel are reportedly in talks about a possible merger. The deal would create a carrier with approximately 39m subscribers and a market value of around $70bn.
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Revenues at the U.S. unit of LG  Electronics Inc. (066570.KS) rose 39 percent in the first half,  and North American sales are expected to top $10 billion this  year, fueled by demand for mobile phones, flat-screen displays  and appliances, it said on Thursday.
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reserved. US digital wireless communications products developer Qualcomm has announced that German handset maker Siemens is to build wireless multimedia handsets based on chipsets from Qualcomm&#39;s WCDMA (UMTS) Mobile Station Modem (MSM) portfolio.
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Revenues at the U.S. unit of LG Electronics Inc.  rose 39 percent in the first half, and North American sales are expected to top $10 billion this year, fueled by demand for mobile phones, flat-screen displays and appliances, it said on Thursday.
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By Middle East and North Africa Business Report, Amman, Jordan  Sep. 10--BenQ Siemens, the innovative mobile communication solutions provider, is gearing up to tap the fast growing cellular phone user base in the UAE with its recently launched range of mobile phones.
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FRANKFURT/LONDON  - Germany sold 6.3 percent in  phone operator Deutsche Telekom on Monday, raising up to 4.4  billion euros ($5.5 billion) as part of a privatization drive  to help it tackle a burgeoning budget deficit.
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FRANKFURT  - Siemens AG says more costs could be coming from a software problem with its new mobile phones that has led retailers to suspend sales.
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Scandal-hit German engineering giant Siemens is seeking one million euros (1.48 million dollars) from employees implicated in a bribery scandal, a press report said Monday, quoting a company spokesman.
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Indian conglomerate Tata plans to buy a stake in a high-tech unit of Germany's Deutsche Telekom which would see thousands of jobs outsourced, according to a German weekly newsmagazine.
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Siemens AG continues to deepen its ties with Chinese rival Huawei Technologies Co. Ltd. The Munich-based engineering and manufacturing conglomerate agreed Friday to resell routers and switches from Huawei's Quidway product line just eight months after the two companies formed a joint venture for manufacturing new mobile broadband systems in China.
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The enterprise networks unit at Siemens announced a line of desktop phones as the company continues to try to find a buyer for the operation and faces an investigation of German workers at its companion telecommunications equipment unit.
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MUNICH, Germany : German electronics giant Siemens said that its Siemens Business Services unit had signed a 2.7-billion-euro (3.3-billion-dollar) contract to supply technology services to the British Broadcasting Corporation.