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View Full Version : BenQ Mobile to be Broken Up


Janak Parekh
03-01-2007, 05:00 PM
<div class='os_post_top_link'><a href='http://www.forbes.com/feeds/ap/2007/02/24/ap3459289.html' target='_blank'>http://www.forbes.com/feeds/ap/2007.../ap3459289.html</a><br /><br /></div><i>The bankrupt German handset business of Taiwan's BenQ Corp. will be split up and sold, its insolvency administrator said Saturday. 'There is no longer a realistic chance of it being sold as a whole,' spokesman Martin Prager said, confirming a report in Germany's Sueddeutsche Zeitung. Munich-based BenQ Mobile filed for insolvency protection in September, a year after the Taiwanese firm took over the struggling unit from Siemens AG and began an unsuccessful bid to turn it around."</i><br /><br /><img src="http://www.pocketpcthoughts.com/images/web/2003/parekh-benq-20080301.gif" /><br /><br />Somehow, a mobile company that <a href="http://www.pocketpcthoughts.com/forums/viewtopic.php?t=52439">can't manage to release mobile phones</a> faces <a href="http://www.pocketpcthoughts.com/forums/viewtopic.php?t=53302">liquidation</a> and a break-up. Truly a shocker. :roll: