Sagem Mobiles becomes Sagem Wireless. French conglomerate Safran said it would sell its loss-making mobile phones business, Sagem Mobiles, to venture capital firm Sofinnova as it announced a fall in first-half profit and an outlook which sent the stock sharply lower. The disposal would retain a 10% stake in the new company, which will be known as Sagem Wireless. It expects the total cost of the handover to be 220 million euros. It aims to refocus on its core aerospace and defence security businesses. Safran still owns Sagem’s Defence Security business, which makes up some 18 percent of the slimmed down group’s revenues.
(via reuters)
LiMo Foundation New Members : Verizon, Mozilla, SK Telecom, Sagem, SFR, and others. Following the previous report not long ago (Orange, ACCESS - LiMo Foundation New Members), LiMo Foundation expands in Breadth and Depth With Further Swell of New Members, they are Infineon Technologies, Kvaleberg AS, Mozilla Corporation, Red Bend Software, Sagem Mobiles, SFR, SK Telecom and Verizon Wireless as new member companies.  1.jpg)
Porsche Design P’9521 in White (limited edition). A luxury phone from Sagem and Porsche, the new Limited Edition Porsche Design P9521 clad in White. The elegant aluminum handset features a scratch-resistant mineral glass display, fingerprint scanner, 3.2 megapixel camera and not small with a size at 140 grams and 91 x 48 x 18.4 mm.
Asda: Sagem, Nokia handsets for £5. Asda has launched Britain’s lowest priced Pay As You Go mobile phone deal, selling handsets for £5 and with “no strings attached.” Over 50,000 of the handset will be available at stores across the UK while stocks last.
Sagem My411C Lulu Castagnette Phone. France-based Sagem keeps trying to find its niche in the mobile phone marketplace. So far their affordable fashion phones brought them mixed success, but they’re certainly trying hard to reach niche markets. Their latest My411C Lulu Castagnette model seems designed for kids and young women — the original Lulu Castagnette’s market. 
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