Despite their troubles, Siemens still planning 15 new cellphones for this year

All the reports earlier this year about the imminent demise of its mobile business turned out to be a little (read: a lot) exaggerated, but Siemens says they're not going anywhere, and that they are still planning to introduce as many as 15 new cellphones (including some 3G models)
this year in order to try and grab back some of the market share they've lost over the past year. The mobile division has been losing money like crazy lately, and the plan is to slash as $1.32 billion dollars in costs in order to keep the mobile division afloat.