#Latest news with #NuhearaAU Financial Review4 days agoBusinessAU Financial ReviewTech company collapse sparks shareholder battle with $14b chipmakerA group of shareholders in failed ASX-listed technology firm Nuheara are battling to resurrect the once-promising hearing device maker, but must first defeat a legal challenge from $14 billion Taiwanese semiconductor giant Realtek. Perth-based Nuheara collapsed into administration last August after it was unable to refinance a $2.5 million loan from Realtek, which was its largest shareholder, amid struggling sales and consistent losses.
AU Financial Review4 days agoBusinessAU Financial ReviewTech company collapse sparks shareholder battle with $14b chipmakerA group of shareholders in failed ASX-listed technology firm Nuheara are battling to resurrect the once-promising hearing device maker, but must first defeat a legal challenge from $14 billion Taiwanese semiconductor giant Realtek. Perth-based Nuheara collapsed into administration last August after it was unable to refinance a $2.5 million loan from Realtek, which was its largest shareholder, amid struggling sales and consistent losses.
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