Breaking News

Shuttle Introduces SPCNV03 Ultra-Compact Edge AI Computer MSI Launches DATAMAG 40Gbps Magnetic Portable SSD PlayStation Plus Game Catalog for September 2025 Viltrox Showcases Upcoming Lens Lineup and New TTL Flash at IBC 2025 Greenliant announces budget NVMe M.2 PrimeDrive SSDs

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Siemens stops payments to BenQ

Siemens stops payments to BenQ

Smartphones Oct 5,2006 0

Now that its former mobile phone division has filed for bankruptcy, Siemens has postponed the payment of 100 million euros to the BenQ Group of Taiwan. Heise.de continues its report:

Siemens CEO Klaus Kleinfeld announced on Wednesday in Munich that the liquidator of BenQ Mobile in Germany has announced that it is not clear whether the money should be paid to the parent company in Taiwan or the bankrupt German subsidiary. Kleinfeld said that this uncertainty allows Siemens to stop payment and place the money on a trust account. Siemens will, however, immediately transfer an additional 50 million euros that clearly belong to the German subsidiary.

Kleinfeld refuse to accept the criticism of the sale of the cell phone division to BenQ a year ago. "In selecting a buyer, the most important criteria in favor of BenQ was its commitment to our locations in Germany." In part, BenQ contractually agreed to keep open and expand these locations. Kleinfeld says he has learned one lesson for future spinoffs: "We will have to take a closer look at potential buyers." Kleinfeld says that the 35 million euros that Siemens is setting aside as emergency aid could be used for a job creation company. But he also pointed out that "Siemens does not have any legal obligations to take action

Tags: SiemensBenq
Previous Post
Sony and Bertelsmann appeal against EU court ruling
Next Post
Sony Unveils BD Recorders, Upper Model Supports PSP

Related Posts

  • BenQ Releases True 4K HDR Smart Home Projectors Powered by Google

  • BenQ Debuts HDR Console Gaming Projector With High Brightness

  • BenQ Expands 4K UHD HDR Home Cinema Lineup With Midrange Projector

  • Volkswagen, Siemens to Collaborate on Industrial Cloud Tech

  • BenQ's True 4K UHD HDR Home Cinema Projector Debuts at Less Than $2000

  • BenQ Professional Designer Monitor Promises Individually Factory-Calibrated Color Precision

  • New BenQ SW320 Flagship Photographer Monitor Released

  • New BenQ Projector Supports 5-GHz WHDI Technology

Latest News

Shuttle Introduces SPCNV03 Ultra-Compact Edge AI Computer
Enterprise & IT

Shuttle Introduces SPCNV03 Ultra-Compact Edge AI Computer

MSI Launches DATAMAG 40Gbps Magnetic Portable SSD
Consumer Electronics

MSI Launches DATAMAG 40Gbps Magnetic Portable SSD

PlayStation Plus Game Catalog for September 2025
Gaming

PlayStation Plus Game Catalog for September 2025

Viltrox Showcases Upcoming Lens Lineup and New TTL Flash at IBC 2025
Cameras

Viltrox Showcases Upcoming Lens Lineup and New TTL Flash at IBC 2025

Greenliant announces budget NVMe M.2 PrimeDrive SSDs
Enterprise & IT

Greenliant announces budget NVMe M.2 PrimeDrive SSDs

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed