Feeds

BenQ says 'adieu' to its European mobile phone business

3,000 jobs axed

The essential guide to IT transformation

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.