Siemens to develop in Brazil

Siemens AG said its Information and Communication Mobile unit is to invest $110m (€100m) during the next five years in Brazil in the research and development of mobile phones for the Latin American market.

Siemens to develop in Brazil
Thu, 21 Aug, 2003 - 12:33

Siemens AG said its Information and Communication Mobile unit is to invest $110m (€100m) during the next five years in Brazil in the research and development of mobile phones for the Latin American market.

The company will increase the number of engineers in Manaus from 140 to 200 at the end of 2004.

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