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Siemens weighs up handset options.(Global)

Publication: Telecommunications (International Edition)
Publication Date: 01-APR-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Siemens is struggling in the handset market. It has publicly stated that it is considering a number of options for its loss-making handset division: a sale, partnering, or closure. "Closing our mobile business is the most undesirable option, because that would destroy a lot of value," says of...

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...Lothar Pauly, CEO Siemens Communications, speaking at a re-. cent conference in Munich. Siemens attributes its difficulties, which include what Pauly calls "a dismal average selling price of C86", to a slow time to market.

However, analysts are not entirely convinced that Siemens is suffering purely from marketing sclerosis. "We think that...

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