Vendor results

Siemensreported a net income of €781m, down 3%, on revenues of €18.6bn (up 4%). Orderswere €20.7bn, up 5%. The Information and Communications division reported aloss of €19m on sales of €4bn (down 4.5%). Mobile Networks and Fixed Networksbusinesses cannot offset the decline in Mobilephones (down 32%) to €842m.

NECposted FY 20004 net sales of $46.5bn (-1%) and net income of $650m (+65%). NetworkSolutions Business reported sales of $18.1bn (+7%) of which fixed-linecommunications systems in Japan of $5.9bn(up 29%) and mobile (infra and phones) of $9.7bn (down 3%).

Fujitsuposted FY 2004 revenues of $44.5bn (flat), a net income of $ 298m (down 36%).

AsiaInfo(China)posted 1Q05 revenues of $29.4m, down 8%, an operating profit of $ 0.8m, up 48%,and a net income of $1.4m.

FiberHome(China)announced 1Q05 revenues of $36m (+7%) and net profit of $0.5m.

Harrisannounced increases in revenue (+18%) and earnings (+57%)for 1Q05 to respectively $772m and $56m.

CSGposted 1Q05 revenues of $137m, operating income of $ 15m and net income of$8.6m.

STMicroelectronicsreported net revenues of $ 2.1bn, up 2.6%, a gross profit of $685m (margin of33%), an operating loss of $68m and a net loss of $ 31m.

Nera(Norway)announced 1Q05 revenues of $90m, up 7%, and a loss before taxes of $1.6m.

ZTE(China)posted a net profit of $28m, up 46%, on revenues of $518m, up 13%. Mobile accounts for 45% of totalrevenues, and mobile phone for 21%.

Infineonreported 1Q05 revenues of €1.6bn, down 4%, and a net loss of €114m, vs. profitof $39m.  

Tut(USA)posted revenues of $7m (+14%) and a net loss of $3.3m.

Corning(USA)announced sales of $ 1bn (+24%) in 1Q05, and a net income of $ 249m.

CarrierAccess (USA) said its1Q05 revenues were $12.5m (down 66%) and a net loss of $ 5m.

DassaultSystems (France) reported1Q05 revenues of €199m, up 13%, and a profit of €45.4m.