Siemens Mobiles sees record growth

Siemens Mobile has reported a more than double worldwide group profit on its first quarter year on year results, to €123m.

Siemens Mobile has reported a more than double worldwide group profit on its first quarter year on year results, to €123m.

The Siemens Information and Communication Mobile Group offers a range of mobile solutions including mobile devices, infrastructure and applications.

Sales for Siemens Mobile rose 4% and new orders increased 20%.

The mobile phones division sold a record 15.2 million handsets, up from 11.0 million in the same period 12 months earlier.

Brian McMenamin, Business Unit Manager, Siemens Mobile Ireland said: "Siemens has firmly established itself in the Irish market as a leading provider of mobile handsets and we're proud of our ongoing innovation in the technology and design of our products."

Siemens Mobile logged a record shipment of 15.2 million units in Q1, which relates to a 39% increase on last year, the highest in the industry.

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited