Siemens Wants Partners Not Acquisitions
News In a clear reference to recent Internet aquistions, senior board executive Volker Jung said "Purchasing a twenty billion dollar corporation with one billion dollar revenues and millions of dollars of debt makes no sense.If I did that at Siemens I...
[February 9, 1999, 12:58]
PC Business Not For Sale, Says Siemens
News Speaking at a pre-CeBit briefing in Berlin, board executive, Volker Jung, said Simens will continue "offering our customers Siemens PCs now and in the future.the PC business is profitable, and it is growing faster than our competitors'".
[February 9, 1999, 10:44]
UPDATE: Ericsson Pullout Heralds Tough Times For Mobile Makers
News Volker Jung, a Siemens board member, said that the only benefit from outsourcing phone production was flexibility and insisted there was no cost saving. Ericsson's decision Friday to stop manufacturing mobile phones is further evidence that handset...
[January 26, 2001, 15:50]
