Monday, January 8, 2007
BenQ Mobile Facing Liquidation; Poor Handset Launches Cited
Posted by Janak Parekh in "NEWS" @ 02:00 PM
"Attempts to save BenQ Mobile from liquidation appear to have failed. Insolvency proceedings were opened in Germany on Monday, after administrators were unable to find any investors willing to buy the struggling company. BenQ Mobile filed for insolvency in September 2006, when Taiwanese hardware manufacturer BenQ said it was pulling out after suffering 'unsustainable losses.'"
The article goes on to speculate why BenQ Mobile might be failing, and the primary criticism leveled was their poor launch performance. Gee, what a surprise. :roll: At this point, I think the only thing that'd save BenQ would be that they're late to their own liquidation. :P
The article goes on to speculate why BenQ Mobile might be failing, and the primary criticism leveled was their poor launch performance. Gee, what a surprise. :roll: At this point, I think the only thing that'd save BenQ would be that they're late to their own liquidation. :P
