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i-mate on the verge of bankruptcy January 19, 2008 [Pocket PC phone] | By Edward J. R. It looks like i-mate will either go bankrupt or will be purchased by some other company - the situation is that bad and this time even Financial Times confirms it. Some highlights about i-mate's situation:
Conclusion: while previously when i-mate was a distributor of HTC-manufactured phones it thrived, but later HTC taken things over and got rid off unnecessary middlemen and i-mate problems began. When i-mate was distributing HTC phones it was arrogantly claiming that it is developing them jointly with HTC, what was obviously a lie (these phones were not exclusive to i-mate and were both designed and manufactured by HTC itself) and now the fact that i-mate failed with "their own" phones, further proves it. It looks like i-mate - a distributor that wanted to be manufacturer - will be no more soon...
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