Feeds

BenQ says 'adieu' to its European mobile phone business

3,000 jobs axed

Remote control for virtualized desktops

BenQ's mobile phone business - the former Siemens division BenQ took over less than a year ago for €250m - is facing imminent collapse.

A spokesman for BenQ Mobile GmbH says the company will file for bankruptcy in the next few days as BenQ's board has decided to discontinue funding the German unit.

At least 3,000 jobs in Munich and the production locations at Bocholt and Kamp-Lintfort are in danger. The design centre in Poznan, Poland, and a manufacturing site in Manaus, Brazil, will be affected too.

BenQ says it plans to continue its Asian-based handset operations and the Siemens BenQ brand, but all European operations will end.

Siemens' mobile operations were already in bad shape when the Taiwanese bought the company last year. Since then losses have reached €840m, partly because of handset delays and increased marketing costs.

BenQ is also in fierce competition with Nokia and Motorola.

In July, BenQ planned to cut 10 per cent of its German workforce as part of restructuring, and slash the salaries of its executives. ®

Remote control for virtualized desktops

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.