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Siemens of Germany takes upbeat view on business in Asia.

Bangkok Post (Bangkok, Thailand)

| October 01, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Oct. 1--Siemens of Germany plans to continue expanding its emerging mobile solutions business, with the aim of balancing its hardware and solutions sales revenue within five years.

Peter Klimt, the newly appointed executive vice-president for Siemens' information and mobile communications division, said non-hardware sales were being boosted by growing demand from business, particularly in Asia.

"Siemens recognises that selling hardware [handsets and infrastructure networks] alone will not lead us to become a global player," said Mr Klimt.

"We expect to double our solutions sales to 50 percent of total revenue over the next five years, with ...

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