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Published on FierceWireless (http://www.fiercewireless.com)

BenQ to get second investor

By admin
Created Jan 8 2007 - 7:01pm

BenQ has reportedly attracted yet another group of investors, led by Sentex Sensing Technologies, to acquire the lagging mobile phone maker. Sentex plans to prop BenQ up as a manufacturer of high-end mobile phones for Europe. The report comes shortly after a German-American group of investors, led by Hansjorg Beha, made a similar bid. If BenQ Mobile does not find a buyer soon, it looks likely that current investors will pull the plug, since the company has suffered tremendous brand damage.

For more on BenQ's exit strategy:
- see this article [1] from Infoworld


Source URL:
http://www.fiercewireless.com/story/benq-to-get-second-investor/2007-01-09