Kumans are bad for business

Taiwanese company BenQ gives up its optical disc manufacturing business to focus on financial troubles. In the light of this, BenQ may be selling off its LCD monitor division ‘due to the low margins of the business’ as stated by Commercial Times, a Chinese financial newspaper. It doesn’t look like BenQ is in the best financial shape as they had reported losses of about $185.2 million in the fourth quarter of 2005. This was the result of restructuring costs after taking over Siemens’ handset division, also according to Digitimes.com. Ever since the takeover BenQ’s revenues have dropped as much as 13% in a particular month with decreasing sales.