UIQ Files for Bankruptcy

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posted Jan 5, 2009, 9:11 AM   by Eric M. Zeman

UIQ's CEO Johan Sandberg told Reuters in a recent interview that the company has filed for bankruptcy. UIQ was jointly owned by Sony Ericsson and Motorola, and supplied a version of Symbian to some mobile handsets. UIQ's bankruptcy comes partly as a result of Nokia's purchase of Symbian, which it plans to make available for free. Sandberg said, "There are no opportunities to create a new line of business in the current financial climate." Symbian had been reducing staff levels, but still has 200 employees as of last month.

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