Articles about olevia: October 14, 2008
RIP Olevia; Syntax-Brillian Corp files for bankruptcy
The Tempe, Arizona based Syntax-Brillian Corp has filed for Chapter 11 bankruptcy, after weak sales and numerous other problems. The corporation, formed when Syntax Group and Brillian Corp merged, is the parent of the Olevia brand of LCD TVs, which will no longer be produced. Syntax-Brillian’s assets were worth $175.7 million, but their debts totaled $259.4 million. Shares of the company have plummeted 91% over the past year. Certain assets will be sold to a new company, Olevia International Group LLC. The company’s digital camera brand, Vivitar, will also be sold. Syntax-Brillian’s stock was worth 46 cents on Monday.
Read [Reuters]
Featured Content
Masthead
Executive Editors
Editor
Associate Editor
Gadgetell Originals
Recent Comments
-
RE: Swimming upstream: 7 reasons the Google Android phone will fail
Hi. I completely disagree with your entire article. In fact I wrote an article of my own titled: 7 Reasons Why Android is a Game…" MORE »
-
RE: Firefox Mobile on Windows Mobile screenshots
Opera Mini’s not the competition; that thing’s java based. Instead, Opera Mobile is probably closer to the same league. The 9.5 HTC-specific builds floating around…" MORE »
-
RE: Pay to bid? Meet swoopo.com
http://www.kcbidz.com is much better than swoopo. You will never pay more than retail price even you spend $50 in an auction. for example: KCBIDZ auction…" MORE »
-
RE: Bell's buy-one-get-four BlackBerry promotion
please a winning message was sent to me that i have won 20000$or a car but if i call it does not reach so please…" MORE »
Around the Network
