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Siemens’ mobile unit to post big loss, report

January 25th, 2005 · Source · No Comments

German newspaper Handelsblatt reported today that Siemens’ mobile unit will post a large Q4 2004 loss. Though not a surprise (rumors have been going around a sale of the unit because its cash problems), this is the first time we’ve seen a number: 141 million euros ($184 million).

Siemens will announce its quarterly results on Thursday.

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