Friday, October 10, 2008

Siemens will cease to produce computers

German group Siemens intends to leave the business of manufacturing personal computers. To this end, the holding company parent company Siemens will sell its share in the joint with a Japanese company Fujitsu enterprise (source newspaper The Wall Street Journal in banking circles praised the joint computer business corporations and Fujitsu Siemens at $ 3.12 - $ 4.65 billion).

Under the terms of a prisoner 9 years ago the contract, Fujitsu has a preferential right to purchase shares of Fujitsu Siemens Computers (FSC). However, so far unknown whether this right will seize the Japanese corporation. Moreover, in various media from time to time pops up information on what to buy shares of Siemens might be interested company Lenovo - the largest manufacturer of computers in China and the fourth largest in the world. According to the President Fujitsu Kuniaki Nodzoe, production of mobile phones his company is now considering a more profitable business. Using phones in the short term, Fujitsu can achieve in overseas markets better than engaging in production and sales of personal computers. Officials from Siemens while refusing to comment on «divorce» with Fujitsu. In turn, in the Tokyo office of Fujitsu journalists respond that news is not unfounded.

According to Press Secretary Masahiro Yamane Fujitsu, Fujitsu and Siemens are negotiating to change the terms of the contract (which expires next year), but no final decision has not yet been made. I recall that, in addition to personal computers, Fujitsu Siemens Computers makes servers and meynfreymy. According to analysts, the value of FSC may be about 2.6 billion euros. By the way, the plant Fujitsu Siemens Computers is the only manufacturer of notebooks in Europe and one of the few outside Southeast Asia. In 2007, sales of computer equipment under the brand name Fujitsu Siemens Computers accounted for 6.6 billion euros. Nevertheless, the company is in a fierce competition under the onslaught of such giants as HP and Dell. According to research company Gartner, Fujitsu Siemens holds 5.5% of the world market of servers, and according to DisplaySearch - 5,2% in the notebook market. It seems that the German group is now actively disposes of all its IT-industry. A week ago the company Siemens announced sale of its business to produce wireless phones, receivers and other devices Siemens Home and Office Communication Devices - 80,2% of its shares were acquired by the German investment company Arques Industries AG.

In an official message then was told that this step was taken in the Siemens strategy to focus on three areas of work - the production of equipment for such industries as energy, heavy industry and medicine. It should remember that a few years ago, Siemens actually went out of business for the production of mobile phones sold its Taiwan company BenQ. A recent high-profile trials have highlighted the corrupt underpinnings of IT-business Siemens, clearly accelerated the process of restructuring of the group.

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