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January 29, 1989


By CBR Staff Writer

Underlining how hard it is to for European electronics and computer companies to cut it in the US market, Siemens AG chief Karlheinz Kaske says that the company’s sales there are now running at $3,400m a year – and will rise to nearly $5,000m when the bits of Rolm Corp it is buying from IBM are included, up from under $500m in 1980 – but it is still losing money there.

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