Sunday, November 26, 2006


Siemens pay BenQ €50m to take away their mobile unit, then have to pay for the redundancies of the workers when BenQ reneged and canned them. Just think of the poor executives who had to put aside that 30% pay rise, barely enough to keep up with inflation (~2%) let alone reward them for the amazing performance and sale price of the mobile unit. Cynically you might assume they just rolled this year's pay rise into next for PR reasons, but who knows.

If only they'd thought of making good phones about 2 or 3 years ago, it could all have been averted.


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