http://www.reuters.com/newsArt…e=topNews&storyID=2956159
Sagem to deliver 200,000 camera phones in June
Thu June 19, 2003 10:37 AM ET
PARIS, June 19 (Reuters) - French telecoms and defence equipment maker Sagem SAGM.PA said on Thursday it would deliver 200,000 new camera phones in June and the model would generate 50 million euros in sales per month for the rest of 2003.
"We launched this handset in May and we are going to deliver 200,000 of them in June," Sagem Chairman Gregoire Olivier told Reuters on the sidelines of a telecommunications conference.
"This new handset is going to generate 50 million euros ($58.2 million) in revenues per month for the rest of the year," he said.
The new camera phone, the My-X6, is one of eight new handsets Olivier said Sagem would launch this year.
Sagem said in April it could beat its target of selling 10 million to 12 million mobile phones this year.
Olivier said he did not expect to sell many third-generation handsets, which can transmit live video and other high-speed multimedia features, this year or next.
"I am not extremely optimistic about selling big volumes of 3G phones," he said in remarks at the conference. "I don't see very many in the budget for 2004. For 2005, we'll see."
Sagem said it was working on developing a 3G handset with Japan's Fujitsu Ltd 6702.T and that the two were previewing the phone to potential clients.
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