Sunday, October 01, 2006

Critics Slam Siemens Over Mobile Phones

An AP newswire article by Stephen Graham, via Yahoo! News, reports that:

Siemens AG tried Sunday to blunt fierce criticism from politicians, labor unions and the media for unloading its mobile phone business on a Taiwanese company which has failed to keep it afloat.

The German electronics and engineering conglomerate ceded its unprofitable handset business to Taiwan's BenQ Corp. last year as part of a restructuring drive under chief executive Klaus Kleinfeld.

More here.

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