News by Brad Kellett on Friday September 29, 2006.
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BenQ today announced that it will cease funding its mobile operations in Germany, acquired when the company bought out Siemens' mobile handset business late last year. This move will force BenQ Mobile in Germany to file for insolvency at a local court in Munich within the next few days, the company stated through a press release.
The move means the closure of BenQ Mobile's head office in Munich, as well as sites at Kamp-Lintfort and Bocholt in North-Rhine-Westphalia, with a total of approximately 3000 employees affected. BenQ also state that possible consequences for other BenQ Mobile sites and regional companies still need to be evaluated.
Despite the restructuring, BenQ will still continue its global mobile business under the BenQ-Siemens brand, utilizing research and development and production facilities in Asia.
Brad Kellett writes for MobileBurn from his home outside of Sydney, Australia.