According to The Register, Siemens will close its mobile handset division unless it can find a last minute buyer.
“The paper reports a final decision will be announced at the Siemens annual general meeting on 27 January.
A spokesman for Siemens declined to comment on the report but confirmed to the Scotsman newspaper that the division’s future was under review by chief executive Heinrich von Pierer and that an announcement will be made at the annual meeting.”
Apparently NEC was rumored to be purchasing the unit, but they have gone on record as denying, and showing no interest.
Found VIA Gizmodo
