BenQ Mobile could be headed to bankruptcy

September 28th, 2006 · Source · No Comments

Mobile phone manufacturer BenQ Mobile may be headed into bankruptcy. The company bought out Seimens’ money-losing handset division last year. BenQ said the company isn’t going to support its BenQ Mobile division any longer, which may spell bankruptcy for the operation.

Prior to the Siemens Mobile / BenQ Mobile merger the two companies shared combined marketshare of 10%. Today that figure is just 3.2%, a huge figure in just five business quarters. That fact and

[via FierceWireless]