Fujitsu Siemens positive about German business in July, August

Wed. August 27, 2008; Posted: 04:44 AM

FRANKFURT, Aug 27, 2008 (Thomson Financial via COMTEX) -- SI | Quote | Chart | News | PowerRating -- Fujitsu Siemens Computers (FSC), the joint venture of Siemens AG. and Fujitsu, said business in Germany in July and August was positive, German head Hans-Dieter Wysuwa told Thomson Financial News partner dpa-AFX.

"July was super, August was okay," he was quoted as saying, not providing further detail.

In the past, media reports fuelled speculation that German electronics giant Siemens may sell its stake in the joint venture.

In fiscal 2006, the joint venture, which is a Fujitsu equity-method affiliate, rang up sales of 6.6 billion euros and logged a net profit of 68 million euros. christoph.steitz@thomsonreuters.com das/cs1/slm

Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

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For full details on Siemens Aktien (SI) click here. Siemens Aktien (SI) has Short Term PowerRatings of 5. Details on Siemens Aktien (SI) Short Term PowerRatings is available at This Link.

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