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AccessMyLibrary    Browse    A    AsiaPulse News    JUN-05    SIEMENS STARTS JOB CUTS IN ITS CHINESE HANDSET BUSINESS.

SIEMENS STARTS JOB CUTS IN ITS CHINESE HANDSET BUSINESS.

Publication: AsiaPulse News

Publication Date: 30-JUN-05
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COPYRIGHT 2005 Asia Pulse Pty Ltd

BEIJING, June 30 Asia Pulse - German conglomerate Siemens AG is beginning to downsize staff in its money-losing handset business in China, following its plan to sell its handset unit to Taiwan-based BenQ early this month.

"We are having difficulties in our handset business and the downsizing plan has long been within our readjustment plan," said Wang Chuandong, marketing director of Siemens Ltd (China), Siemens AG's operation in China.

Wang said a staff-reduction plan...

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