Bye Bye Benq…
Posted by PsionAndy on 01/2/07 in Companies, Smart Phones
It’s been on the ropes for some time now, so perhaps it’s not surprising that the Taiwanese BENQ has filed for insolvency, A couple of years ago they bought Siemens mobile arm which was making some interesting Symbian based devices at the time. Since then the interesting devices and a bucket load of money have both disappeared and after failing to find new investors it looks like they are throwing in the towel.
Under German law, a company has three months’ grace after filing for bankruptcy before formal insolvency proceedings begin. So it’s not all over yet. More details are expected from the administrators tomorrow.
Source Cnet
Written by PsionAndy · Filed Under Companies, Smart Phones
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