Loewe Files For Dept Protection

Posted: Jul 16 2013, 7:38am CDT | by , in News | Home Entertainment

Loewe Files for Dept Protection

Don't Miss: This How to find Fingerlings in Stock

German high-end consumer electronics maker Loewe is in trouble again. Today the company filed for debt protection to avoid bankruptcy.

A couple years ago German TV maker Loewe was already almost gone because they missed the flatscreen TV trend. Sharp was stepping as an investor and also supplies the panels. Loewe never really was able to turn things around despite putting out some great products. Now the company is close to bankruptcy and has filed for creditor protection. This protection gives Loewe three months time to reorganize and get fresh financing.

Loewe got some unwanted publicity in the last couple months from rumors that Apple would buy them.

More details on Bloomberg.

Holiday Gift Guides and Deals

Get your Holiday gifting inspired by Best Toy Gifts with High STEM Value and the Top 10 toy gifts under $10 if you are on budget. The most popular Holiday 2017 toy list include Fingerlings, Crate Creatures and more. Don't miss the new Holiday deals on Amazon Devices, including $29.99 Fire tablet.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem

Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News


The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.




comments powered by Disqus