Feeds

Fujitsu Siemens hails H1 growth

Clawing market share

  • alert
  • submit to reddit

Security for virtualized datacentres

Fujitsu Siemens Computers had a good first half year with sales up 15 per cent between April and September to €2.56bn, compared with last year. Pre-tax profits climbed 60 per cent to €18m. Which is nice, but profits should be much bigger for a company of Fujitsu Siemens' size. Even if it is in the cut-throat computer hardware sector.

Unit shipments for the mostly-hardware company were up 32 per cent for the first half, showing that average selling prices (ASPs) were down. Either that or the margin mix has deteriorated - i.e. fewer servers, storage monsters and ancillary services, and much more desktops and notebooks.

By its own reckoning, Fujitsu Siemens outgrew the market in EMEA by eight per cent in its first half. So who is it clawing market share from? The firm is not saying. Also is the market-grab success coming at the expense of profits?

Fujitsu Siemens is now five years old. It combines the European computer hardware businesses of Fujitsu and Siemens. Fujitsu operates on its own account in the rest of the world, while Siemens... does it have a computer hardware business outside Europe? Answers on a postcard, please.

The firm forecasts five per cent revenue growth for the rest of the year (at current exchange rates) and ten per cent for the full year. It names mobiles, servers, and supporting services as "primary growth areas".

Now for a quote from Bernd Bischoff, President and CEO of Fujitsu Siemens Computers. “We have shown healthy revenue and profit growth, and our company continues to outperform the market. We are nevertheless aware that competition remains very tough and that we always need to go the extra mile for our customers." ®

Related stories

Transmeta: 2GHz Efficeon to offer SSE 3 support
Sun hypes new UltraSPARC and Siebel love
Hitachi readies notebook Serial ATA hard drives
Evesham Voyager 64 Athlon 64 notebook

Security and trust: The backbone of doing business over the internet

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.