Heisse: Having taken over Siemens’ mobile phone division, the BenQ group’s mobile phone business in Germany is now facing imminent collapse. BenQ Mobile GmbH would in all likelihood in the next few days file for bankruptcy, a spokesman of the company said in Munich today. The move will affect the headquarters in Munich and the production locations Bocholt and Kamp-Lintfort, where about 3000 people are employed.
In a press release by the parent company it says that the company had “resolved to discontinue capital injection” into BenQ Mobile GmbH & Co OHG. The revenue and margin development during the important Christmas season would definitely fail to meet expectations, the company has declared.
Update: The bankruptcy of Siemens’ erstwhile cell phone division with its 3000 employees is now official. BenQ Mobile had filed for bankruptcy protection, a spokesperson of the Municipal Court in Munich stated today. The daughter company of the Taiwanese BenQ group is thus facing imminent collapse.