More here about this sad news.Siemens' hand-over last year of its loss-making mobile phone division to BenQ - the Taiwanese company was paid hundreds of millions of Euro to take it over! - looks to have turned to rat's sh1t.
On Thursday (September 28) BenQ announced that it would no longer fund "unsustainable" losses at the German company - now called BenQ Mobile and selling phones under the BenQ-Siemens brand - and that the subsidiary was considering filing for insolvency protection, which it promptly did.