LG in talks to buy Siemens' handset division
The hot rumor
is that LG is in talks with Siemens over purchasing Siemens' money losing mobile unit. MobileTracker reported
earlier this week that Siemens was looking to either sell or kill its handset division. If LG purchased Siemens mobile, it may be enough
for LG to become the third largest mobile phone maker.
Siemens has will announce its plan for the business at the upcoming shareholders meeting on January 27.
LG is denying