Ebook reader designer Sagem Wireless went bankrupt last month

Ebook reader designer Sagem Wireless went bankrupt last month e-Reading Hardware But they managed to keep it very quiet. BTW, Sagem Wireless changed their name to Mobiwire back in February, so I'll refer to them as such.

I don't have full details on the story just yet, but I do have a back channel confirmation that Mobiwire did indeed file for bankruptcy at the beginning of May. (I have to admit that I missed the story at the time, but then so did most people.)

Mobiwire look to be primarily a designer of OEM equipment. Their website shows a wide selection of interesting looking phones, and even a few ereaders.  The one at left is the Chromer 6. It never hit the market, but its 6" color E-ink screen does show that Mobiwire were pushing ahead.

Mobiwire did release an ereader to the European market; it's called the Binder. It was rebranded as the Thalia Oyo and the Fnac Fnacbook. The Binder looked much the same as the Chromer6 pictured above, only it had a 6" Sipix screen (grayscale).

The Binder was not a terribly successful design, and its poor market performance may have hurt the company. Last month I told you that the Fnacbook only sold 14 thousand units since it launched late last year. The unfortunate part there is that I've also been told Fnac had signed a deal to buy 100 thousand. That's a fair amount of money that Mobiwire could have used.

The latest news with Mobiwire is that several of the management are trying to make a buyout of part of the company. My guess is that it won't be the ereader section.

About Nate Hoffelder (9906 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

1 Comment on Ebook reader designer Sagem Wireless went bankrupt last month

  1. Canary in the coal mine, perchance?
    Any other generic reader OEMs looking vulnerable?
    Maybe others that bet on Sipix?

3 Trackbacks & Pingbacks

  1. Dépôt de bilan pour le fabricant du FnacBook... | L'actu des ebooks
  2. Fnac to Sell Kobo Ebooks in France – Will They Carry the Kobo Vox? - The Digital Reader
  3. Fnac to Launch New 6″ E-reader in Spain on 28 November - The Digital Reader

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