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...contract basis). But Lee's bold strategy has serious risks. According to consulting 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...
...could easily pass $300 million for the entire year. To help repay bank loans on which it defaulted last summer, the company is selling Ticketron, its electronic ticketing service, and other operations. An earlier attempt to raise badly needed cash by selling Commercial Credit, Control Data's financial unit, failed last year for want of a buyer willing to pay the asking price...
Waldheim, Kirchschläger declared last week, must have known about the brutal reprisals taken against the partisans by his army unit. But while the President mentioned a 1948 recommendation by the War Crimes Commission that Waldheim be prosecuted for his actions, he added, "I would not dare to file an indictment in a regular court. Do not expect & verdict from...
...would subpoena testimony from those involved, including, if necessary, officials in the White House. President Reagan declared that Hasenfus and his companions were volunteers in a noble cause. "Some years ago many of you spoke approvingly of something called the Abraham Lincoln Brigade," he told reporters, referring to the unit of American volunteers who fought against Franco's insurgents during the Spanish Civil...
...involved, among other things, some 40 advanced computer work stations manufactured by Tektronix, a small, specialized firm based in Beaverton, Ore., along with an unspecified number of computer disk drives produced by Control Data of Minneapolis. Tektronix salesmen apparently believed they had sold the equipment to a West German unit of Ford Motors through a Munich-based middleman named Wolfgang Lachmann. After the equipment was sent to Munich, it was allegedly shipped to a warehouse in Vienna; from there it disappeared...