Home » Uncategorized » Siemens Looking to Replace Nokia as #2
Image_45216_largeimagefile.jpg

Siemens Looking to Replace Nokia as #2

Siemens is prepared to invest hundreds of millions of euros in Asia this year in an attempt to surpass Nokia as the number two supplier of mobile gear worldwide, the German telecom supplier announced today.

In a news release Tuesday, Christopher Caselitz, president of Siemens mobile networks division, announced: “This fiscal year alone, [Siemens] will be investing triple-digit millions of euros in Asia, including funding for research and development in the field of mobile network technology.”

According to Gartner Research, Siemens ranked third in 2004 with 13% of the market. Second place was held by Nokia with 14%. And industry giant Ericsson held first place with 27% and maintains this position today. The fourth place spot was occupied by Motorola Inc. whose worth was estimated at $49 billion last year – expected to rise to 10% in 2005.

“We want to be number-two on the world market for mobile communication technology,” added Caselitz, “and are well on our way towards achieving our goal,”

Siemens expects Asia to be a key growth engine for wireless mobile, as many of the region’s carriers conduct dated 3G (third generation) mobile networks.

Siemens will also expand alliances in the region, naming Poson in China and Infocomm Development Authority in Singapore as new partners.

About James McDougall

Check Also

wii-oculus-rift-hoverboard

Try Oculus Rift And Wii To Roam Around On The Back To The Future Hoverboard

Check out how you can fly in virtual space by using an Oculus Rift and a Wii Balance Board.

131129-amz

Amazon Appstore for Android Holiday Deals, Including Free Apps

There are tons of deals from the Amazon Appstore that will be offered starting now and throughout the holiday shopping season. They say that they will have "hundreds of titles that are eitehr free... or available between 50-90% off" the regular price.

131129-google

Black Friday: Google Play Store Apps, Games and Content on Sale All Weekend

Case in point, if you head over to the Google Play Store right now, you'll find that Google is celebrating all Cyber Weekend with discounts on all sorts of content. This includes many popular apps and games

131129-gtab

Black Friday Deal: Samsung Galaxy Tab 3 10.1-Inch for $100 Off

Did you manage to score any epic Black Friday deals this morning? Are you still ...

131128-diy

Arduino Co-Creator Releases Plans for $200 DIY Mobile Phone

Mellis was one of the people who came up with the now hugely popular Arduino platform and now he has come up with plans for people to build their own cell phone for about $200 in parts.

131128-apple

No Discounts for Apple Black Friday, Just Free Gift Cards

If you were hoping to save yourself some cash as you brave the Black Friday shopping crowds, you'll want to go somewhere other than the official Apple Stores.