The computing division of Siemens AG made sales of $3,000m for the financial year to September 30, up $500,000 from the year before, reports Agence France Presse from Munich. According to Hans-Dietrich Wienig, head of the division, sales increased by 6% during 1988-89, with orders up 8%. Siemens’ growth goes against the glum forecast from the German Central Association for Electrotechnology and Electroindustry, ZVEI, which estimated that orders fell 3.8% overall in the first half of this year (CI No 1,283) – in fact, the Siemens computing division saw a 13% increase for the same period, Wienig states. French Pick popper Intertechnique Informatique SA, IN2, in which Siemens acquired a majority share at the start of the year, and whose figures are included for the first time, contributed an estimated $150m, a third of the total increase for the fiscal year, and according to Wienig, IN2’s collaboration will mean a 26-29% increase in the division’s sales abroad for the same period.
