BRIEF-Fujikon Industrial Says Customer Initiated Negotiation To Resolve Issue With Headphones

Reuters

2024/12/09

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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