Word: germanic
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...Taiwan is reaching for the limelight. Earlier this month, Taiwan consumer-electronics company BenQ, a relatively unknown maker of everything from notebook computers to LCD TVs to MP3 players, agreed to acquire the mobile-phone business of German behemoth Siemens, thereby becoming the world's fourth-largest mobile-phone company with total annual revenues of nearly $11 billion. Not only is the firm gaining size, it is gaining marketplace visibility. BenQ gets to use the top-notch Siemens brand name for five years. K.Y. Lee, BenQ's ceo, plans to mark his phones BenQ-Siemens, pumping his own brand more...
...firm Gartner, Motorola last year discontinued buying phones from BenQ because the Taiwan firm had started selling its own mobile phones. (Neither Lee nor a Motorola spokesperson would comment.) The acquisition of the Siemens unit is also risky. Burdened with stodgy phones, high costs and falling market share, the German operation is losing about $1 million a day. To seal the deal, Siemens management agreed to pay BenQ $300 million?cash that will help BenQ to shore up the business, according to the companies. Siemens also agreed to buy $60 million in BenQ stock. Despite the fact that Siemens virtually...
...Schröder's Political Future As a German and an avid supporter of Chancellor Gerhard Schröder [June 6], I believe he has been a stellar head of government from the day he took office. Always aware of Germany's past and its responsibility to the future yet never losing sight of the social and economic challenges his country faces, Schröder has followed in the footsteps of the greatest statesman Germany ever had, Willy Brandt. Underestimated at home as well as abroad, Schröder legalized gay marriage, eased immigration laws, inaugurated an impressive (and long...
...have now won him the Times's top slot. Max was born in Gera, Germany, in 1930, and the Gestapo expelled him and his parents in 1938. While he and his mother angled for an exit visa to the U.S., his father was arrested by the Soviets as a German spy and offered the choice of Soviet citizenship or 15 years' hard labor in Siberia. He chose the latter and could not join his family, by then settled in Manhattan, until the late 1940s. Max's own brood comprises his wife of 30 years, Tobia, and three children...
...Experts could console themselves with the thought that Umberto Eco's worldwide triumph was a once-in-a-lifetime aberration. Now, even that cold comfort seems endangered. Perfume: The Story of a Murderer is about to hit the English-speaking world after a dazzling debut in Europe. The original German-language edition of this novel sold more than 400,000 copies; translations into French, Spanish and Dutch also became best sellers, and the book will ultimately appear in more than 30 languages. Someday, centuries hence, this phenomenon may seem easily explicable. Of course: How could such a book fail? After...