Siemens chief must fix mobile unit
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Dumping a rival manufacturer's mobile phone into a glass of water is not the sort of thing Klaus Kleinfeld, who takes over from Heinrich von Pierer at the helm of Siemens on Thursday, is likely to want to be remembered for.
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The auto-parts company needs to figure out how to fix itself.
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Malaysia&#39;s Maxis Communications Bhd. (Maxis) has selected Siemens as one of its 2G and 3G/UMTS infrastructure suppliers. Under the terms of the three- year framework contract, the Siemens Communications Group
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MUNICH, Germany : German electronics giant Siemens said that financial burdens connected with a technical fault in its new mobile phone handsets were likely to reduce earnings in the final quarter of its business year ending in September.
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Taiwan's BenQ, which unsuccessfully took over Siemens' mobile phone business, has returned, but mobile phones will play a much smaller role, its executives say.
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German electronics giant Siemens could decide on the future of its mobile phone manufacturing division as early as next month, a company spokesman said.
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Blaring disconnection melody in some Siemens phones could potentially cause ear damage.
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TRW Automotive Holdings  is thinking about making a bid for the automotive engineering unit of Germany's Siemens, the Financial Times reported on Tuesday, citing three people involved in the bidding process.
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Under mounting pressure from German government officials and former employees of the mobile phone division it paid BenQ to take off its hands, Siemens has set up a â¬35 million ($44.4 million) fund to aid workers at risk of losing their jobs.
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(InfoWorld) - The planned merger of network infrastructure units at Nokia and SiemensÂ won't close by the end of this year as expected because the companies will execute a compliance review of Siemens, spurred by the corruption investigation currently shaking the German technology company. Authorities across Europe have been investigating bribery charges at Siemens. Earlier this week, the former head of Siemens' telecommunications equipment group -- the one to be merged with Nokia's networks unit -- was arrested as part of the investigation. The companiesÂ announced plans in June to merge the groups, creating a company called Nokia Siemens Networks that would have had combined revenues in 2005 of â¬15.8 billion ($20.9 billion). They said at the time that the deal would close by the end of the year and that the new company would begin operations in January. They now say they expect to close the deal and begin operations in the first quarter of 2007, meaning possibly as late as March. Closing the deal depends in part on the result of a compliance review of the Siemens unit, which Siemens plans to conduct in the first quarter. The review will also produce a compliance program that the new company will implement. Antitrust authorities in the U.S. and the European Union have already approved the merger, and the companies have announced many of the executives who will lead Nokia Siemens Networks. As recently as mid-November the companies were saying they expected to begin their combined operations in January.
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Siemens on Thursday warned users of its 65 series cell phones that a bug in the devices&#39; software could cause hearing damage. The problem affects Siemens&#39; C65, CX65, M65, S65, and SL65 as well the CV65, CT65, CXV65, and CXT65, the company said.
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German electronics giant Siemens had originally hoped to decide the fate of its mobile phone activities by the time chairman Heinrich von Pierer steps down at the group's annual meeting next week.
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Two new investigations Siemens has revealed that it is under investigation by the US Department of Justice over allegations that it paid out some â¬420m in bribes to help it secure telecoms contracts outside of Germany.â¦
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German phone maker Siemens could see a dent in its mobile handset sales and may post a loss in the unit after it halted sales of faulty models that could cause hearing damage, it says.
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Mobile and wireless columnist says something is wrong when even an engineer like him finds it difficult to use mobile devices and other technology.
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After five weeks of strikes, management and unions at Deutsche Telekom returned to the negotiating table Wednesday to try and resolve their dispute over a radical shake-up of the German telecom&#39;s services unit.
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CHICAGO -- Chief Executive Officer Ed Zander's job at Motorola Inc. is on the line more than ever after he warned that the struggling company's cell phone unit will be unprofitable at least until 2008.