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927 Fujikon Industrial Holdings News Story

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Brief: Fujikon Industrial Says Customer Initiated Negotiation To Resolve Issue With Headphones

Dec 9 (Reuters) - Fujikon Industrial Holdings Ltd
 0927.HK :
    * ON 2 DEC, CUSTOMER INITIATED NEGOTIATION WITH GROUP TO
RESOLVE
QUALITY ISSUE WITH HEADPHONES
    * GROUP TO INDEMNIFY CUSTOMER BY WAY OF CASH PAYMENT OF
US$11.65
MILLION
    * ROOT CAUSE FOR VAST MAJORITY OF QUALITY ISSUE ARE
MALFUNCTIONING
BATTERIES SUPPLIED

Further company coverage:  0927.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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