Siemens warns annual earnings will miss target

Article Abstract:

German engineering and telecommunications equipment giant Siemens AG has warned that it may not meet its earlier profit forecasts for the first quarter, due to lowering prices for semiconductor devices and the effects on the earnings of its semiconductor unit Infineon Technologies AG.

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Market information - general, Forecasts, trends, outlooks, Financial management, Semiconductor industry, Finance, Forecasts and trends, Infineon Technologies AG

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Siemens may cut work force by 3,000 in latest round

Article Abstract:

Siemens AG is considering laying off an additional 3,000 jobs as part of a plan to turnaround its struggling information and communications networks unit. The company is already planning to layoff 10,000 employees.

Diversified Companies, Labor force information, Planning, Human resource management, Layoffs

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Power play

Article Abstract:

Siemens and Energie Baden-Wuerttemberg develop a service which would allow for Internet access via electric lines.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Other Communications Equipment Manufacturing, Services development, Electric services, Communications Eqp ex Broadcast, Product development, Services, Brief Article, Telecommunications equipment, Energie Baden-Wuerttemberg AG

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