Pantech to snap up Siemens' cellphone biz?

Sony Ericsson, Samsung, and Nokia don’t seem all that interested, and Motorola,
Ningbo Bird,
LG, and
Acer have supposedly already passed, so is it going to be
up and coming South Korean cellphone maker Pantech that ends up scooping up Siemen’s mobile division, which
finally went on the block late last month? Pantech is
completely determined to be a baller in the global cellphone market and want to be in the top 5 by 2007 (much to the
annoyance of peninsular rivals Samsung and LG; people we’ve spoken to at each company don’t seem to have a lot of
respect for them), so we could totally see them buying Siemens’ mobile division, especially if they could snap it up
for a song. Nothing final yet, but a Pantech exec did confirm that Siemens recently presented them with a proposal to
buy the division.*



[Via Slashphone]











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