Esato

Forum > General discussions > Other manufacturers > Hot news - VK mobile have declared bankrupcy!

Author Hot news - VK mobile have declared bankrupcy!
Luke-the-magic-man
P990 no flip
Joined: May 31, 2005
Posts: > 500
PM, WWW
Posted: 2006-07-09 00:34
Reply with quoteEdit/Delete This PostPrint this post
VK Mobile, makers of one of Helio's two handsets, has filed for bankruptcy. There has been speculation that Helio has gone two months with only a couple hundred subscribers, claims that have been denied by Helio. The Korea Times also speculates that VK's bankruptcy will send ripples to Pantech, the maker of Helio's other handset. The Times also thinks that only Samsung and LG, the two largest Korean cellphone manufacturers will eventually survive.

What does this mean to you? Well, Helio's performance so far—performance which sparked the 100 subscriber rumor— isn't making any handset makers jump for joy. And since the poor performance of the MVNO affects the hardware manufacturers, and vice versa, this probably isn't a good time for any of the three companies. Meaning, if you sign up for a Helio plan now, be on your toes for possible changes in the future.

We're not saying don't get on Helio—what they offer is pretty darn impressive—we're just saying that readers might want to watch what's going on with the two phone makers, VK and Pantech. – Jason Chen
Check out my sales
I am a mac fanboy .
I will honor Laffens gift of P990 flip free avartar, but I sold the p990
shaliron
K610 red
Joined: Jan 15, 2006
Posts: > 500
From: Melbourne, Australia
PM
Posted: 2006-07-09 04:42
Reply with quoteEdit/Delete This PostPrint this post
They weren't much of a big market player anyway. I guess they tried their best with those SLVR inspired phones.
A wooden spoon is a spoon made from wood. Source: Wikipedia

Winner of: Best Thread (Huge SE Portfolio) 2007, Best Post (Huge SE Portfolio) 2007, Best Signature 2007, and 2nd Best Nickname 2007.
Access the forum with a mobile phone via esato.mobi