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NEWS TAGGED BANKRUPTCY
Monday 25 October 2021
India telecom market landscape experience drastic changes
The mobile telecom landscape in India has changed drastically since startup Reliance Jio launched its 4G LTE network services in September 2016 with unprecedented free voice over...
Thursday 20 February 2020
Semiconductor industry avoids direct impact of coronavirus outbreak, says Omdia
The semiconductor industry appears to have escaped the direct impact of the coronavirus crisis so far, but the market is likely to suffer the repercussions as the outbreak slows or...
Friday 1 December 2017
Touch panel maker JTouch declares bankruptcy
Unable to sustain the fierce price competition from China-based players, Taiwan-based touch panel maker JTouch has declared bankruptcy and will lay off all its employees in the next...
Tuesday 16 May 2017
SolarWorld bankruptcy may influence US, EU actions
Germany-based SolarWorld AG has declared bankruptcy and this may influence the US government's decision on global safeguards investigations pursuant to Section 201 of the Trade Act...
Monday 1 February 2016
Cando stops production, lays off about 360 employees
Touch panel maker Cando on January 29 announced that it will immediately stop production and lay off about 360 employees, with about 40 to remain to dispose of affairs arising from...
Thursday 4 June 2015
Innolux outlines how its strategies kept the company from bankruptcy
As China's panel industry continues to increase production capacity, Taiwan panel makers have kept their competitive edge through product differentiation strategies and adjustments...
Thursday 14 May 2015
Japan sees bankruptcies down 18% on year in April, but overall debt rises, says research firm
The number of enterprise filing for bankruptcy in Japan was down 18% on year to reach 748 cases in April, but enterprises' overall debts were up 37% on year to reach JPY192.8 billion...
Tuesday 30 December 2014
Taiwan market: Fitel looking for bankruptcy trustee
First International Telecom (Fitel), the only PHS mobile communication operator in Taiwan, has asked the government to help arrange for Chunghwa Telecom (CHT) to become its bankruptcy...
Wednesday 24 December 2014
GT Advanced Technologies to sell sapphire furnaces
GT Advanced Technologies has announced that following the bankruptcy court's recent approval of its settlement agreement with Apple, GT is now pursuing ASF furnace opportunities for...
Tuesday 4 November 2014
Innolux refutes rumor about loan issues
Innolux is rumored to have issues acquiring a syndicated loan for NT$60 billion (US$1.97 billion) recently because of debt issues of its ex-affiliate Chi Mei Lighting Technology,...
Thursday 16 October 2014
Digitimes Research: GTAT woes disrupt sapphire industry
GT Advanced Technologies' (GTAT) move to seek bankruptcy protection on October 6 came as a surprise to the IT industry especially because the maker was a major supplier of Apple for...
Thursday 9 October 2014
GTAT financial woes likely stem from low yield rates, say Taiwan makers
US-based sapphire ingot producer GT Advanced Technologies (GTAT) has applied for bankruptcy protection possibly because its HEM technology-based ingot growing process has seen much...
Wednesday 11 December 2013
Suntech announces update on subsidiary share transfers and restructuring process
Suntech Power Holdings has announced that on November 14, 2013, liquidators passed a sole shareholder's resolution placing Power Solar System (PSS), an immediate subsidiary of the...
Friday 29 November 2013
OCZ to file for bankruptcy; announces offer from Toshiba to purchase assets
OCZ Technology, which specializes in providing high-performance solid state drives (SSDs) for computing devices and systems, has announced that on November 25, 2013, it received notices...
Monday 20 August 2012
REC Wafer declares bankruptcy
Norway-based solar wafer firm REC Wafer has filed for bankruptcy after its parent company REC ASA announced the termination of further funding last week.