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MARCH 21, 2007

BenQ's Loss Widens as Revenue Slides

Taiwan Firm Expects Further Fall in Sales; Chairman Offers to Go

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more in Asia »

TAIPEI, Taiwan -- Electronics maker BenQ Corp. reported a bigger-than-expected fourth-quarter loss on a sharp drop in phone sales, following four previous quarters of losses.

Prospects for the first quarter also look lackluster because of a seasonal downturn, amid allegations of insider trading by some of the Taiwan company's top executives and following the recent liquidation of its unprofitable German handset division.

BenQ said it expects revenue in the first quarter to fall from the previous quarter, as its shipments of liquid-crystal-display monitors and projectors will likely ...