Siemens Still Desperate To Find A Buyer For Handset Group
There were rumors last month that Siemens would be closing down their handset unit if they couldn't find a buyer. However, they've avoided making any specific announcements on this matter -- despite expectations they would settle the issue last month. What's becoming clear is they desperately want to sell the unit, but can't find a buyer. That's about the only reasonable explanation for the way they've been acting. They haven't shut it down, but they clearly don't want to be in the business, practically begging others to come in and buy it from them. The problem, so far, is that no one seems very interested in buying it.