Ostroff, Fair and Company
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Is siemens mobile phone company bankrupted?



please give me the detail.

Attempts to find an investor for bankrupt German mobile phone maker BenQ Mobile GmbH & Co. OHG have failed, after the last potential buyer ended negotiations, the company's insolvency administrator said. German electronics and engineering giant Siemens AG agreed to sell its money-losing mobile phone manufacturing business to Taiwan's BenQ Corp. in June 2005, due to disappointing world sales of its handsets and high product costs. But in August 2006, the new owner announced plans to cease investment in the German sites after concluding they were uneconomic. Source(s): Find out all the news from the site below
http://www.computerworld.com/action/arti...
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