Fujitsu Siemens doing better than market

'Driving our own success'

By ComputerWire • Get more from this author

Posted in Business, 10th October 2002 07:30 GMT

Free whitepaper – Total cost of ownership of Dell, HP and IBM blade solutions

Fujitsu-Siemens Computers BV CEO Adrian von Hammerstein yesterday revealed the company made a pre-tax loss of €21m ($20.7m) on revenue of €2.45bn ($2.42bn) for the six months to September 30. The company said that discounting a 23m euro restructuring charge, operating profit was 2m euros.

At the PC maker's annual exhibition, October Festival, Von Hammerstein said the company outperformed the market and intends to continue to do so, despite that fact that no recovery is expected in the short term.

Hammerstein said in a statement: "It is pretty clear that the IT sector will end 2002 with negative growth for the year and I expect only slight improvements in 2003. We will continue to align our business and our processes to ensure long-term competitiveness. We are not waiting for the market to recover, we are driving our own success."

Fujitsu-Siemens also yesterday announced a new range of PCs aimed at the global market (sister companies in Asia and the US sell under the Fujitsu brand name), an area where it has previously been lacking a uniform international product line. The small form factor Scenic C, desktop Scenic N, microtower Scenic P and expandable tower Scenic W will all become generally available in January, the company said.

Free whitepaper – Migrating to the new Dell Management Console