Wednesday, June 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Computex: ASUS Showcases Pen Stick PC Powered By A Cherry Trail CPU
Apple Is Recalling Beats Pill XL Speakers
IBM Buys Blue Box to Accelerate Open Hybrid Clouds
Yahoo Gives Advertisers Fraud Verification Tools
Fujifilm and imec Demonstrate Full-color Organic light-emitting diodes With photoresist technology for organic semiconductors
Microsoft Showcases new Windows 10 Devices At Computex 2015
Corning's new Eagle XG Slim glass In Just 0.4mm Thick
Plextor At Computex 2015
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > BenQ Mo...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 19, 2006
BenQ Mobile cuts two thirds of workforce


The only chance to bring insolvent cellphone manufacturer BenQ Mobile to profitability is adopting an development-centric business model, said insolvency administrator Martin Prager at a press conference.

The price for the turnaround will be a radical staff reduction.

While expectations and estimates as to the unavoidable job reductions so far oscillated around the number of 1000, Prager now almost doubled this figure. Hoping to save 1150 jobs in production and design, he said there is not enough work for 1900 employees.

"After three weeks of intensive review, it became clear that this model is the only chance to save the company", Prager explained. Concentrating on design and development and, to a lesser extend, on manufacturing would have been the only viable option for the company to survive. "All other options would boil down to asset stripping and the sale of the company part by part", he said.

Besides jobs in administration, marketing and sales, manufacturing is hit the hardest: In these departments, 75 percent of the jobs will be dispensable. In contrast, 500 of the 700 designers and developers in Munich will keep their jobs.

In the future, BenQ Mobile will focus on R&D, quality management and customer specific logistics, offering its services to large mobile phone OEMs and mobile carriers. Thus, the company will become an R&D-centric organization with minor manufacturing activities, explained CEO Clemens Joos.

Prager said the insolvency transformed the former global player BenQ Mobile into a company with a damaged brand and with a business restricted to European markets. Thus, the entire value chain will need to be restructured. He also said that besides restructuring and legacy charges, the assumption of global responsibilities were contributing factors for the insolvency.


Previous
Next
Sony warns against grey importing and wins court vs Lik-sang        All News        AMD to ship 65-nm in Q4, Eckstein says
NEC Enhances its Mobile Internet Platform "NEMIP"     Mobiles News      Microsoft releases details on 'Crossbow' - the next Windows Mobile OS

Get RSS feed Easy Print E-Mail this Message

Related News
New BenQ Projector Supports 5-GHz WHDI Technology
BenQ to Showcase 3D-Ready Home Cinema Projectors, Mini Projectors, and Gaming Monitors at CES 2012
BenQ America Inks Deal With ASI
BenQ Showcases New Flagship Gaming Monitors
BenQ Debuts New Touchscreen Camera Series with LT100
BenQ Expands its G Series LCD Display Lineup in Europe
BenQ's New S6 Mobile Internet Device
BenQ's E2200HDA 1080p Full HD LCD Monitor Lineup
Sony, BenQ to Launch 22x DVD Burners in Q3
BenQ Introduces C36 Music Phone
BenQ Introduces C36 Music Phone
BenQ Unveils Super-Slim T60 Mobile Phone

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .