Augsburg

Industrial conglomerate Siemens AG is poised to sell its 50-percent stake in the joint venture Fujitsu Siemens Computers to Japan's Fujitsu Group, two people familiar with the deal told The Associated Press on Monday.

Siemens has been contemplating a sale of its half in the joint venture at least since August. Chief Executive Peter Loescher said then that the company was in talks with Fujitsu about the fate of the unit, which makes personal computers and laptops and posted sales of 6.6 billion euros but a pretax profit of just 105 million euros last year.