Articles about syntax: September 6, 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: Acer, E-Ten team up to deliver smartphones by year's end
Acer and Eten known to produce shiny spec - look good on paper, hardware failure comes later company, known to reject RMA with no support.…" MORE »
-
RE: Gadgetell Giveway: Axiom Audio AudioByte Computer Speakers
I have an HP slimline PC, and the speakers are on the Monitor. Here’s how my current setup looks like: http://img374.imageshack.us/img374/2311/mycomputerba0.jpg I love using my…" MORE »
-
RE: Dell's Inspiron Mini 9 netbook officially unveiled
Well the price is OK. It’s little cheaper then the Asus Eee PC 901, but the Eee PC comes standard with a 6-cell battery, 1.3…" MORE »
-
RE: Nokia N79, N85 get their NAM versions
I really love the green colour of the snap on covers. Its a similar colour of green in my room at home. Brilliant. " MORE »
Around the Network
