You might remember Coby Electronics, the manufacturer of low-priced gadgets that always seemed to be on half-price sale at your local drugstore. The company went out of business a few months ago, and a well-known liquidation firm took over its assets but not its liabilities. One of the company’s TV models may have a faulty component, which could cause the set to catch fire. [More]
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New Owners To Coby Electronics Customers: Sucks To Be You
Coby Electronics made consumer electronics, notably portable DVD players, tablets, MP3 players, and TVs. Let’s just say that they were not well-known for the quality of their merchandise, but still sold $400 million worth of gadgets per year. Until this year, when they went out of business with a whole bunch of customers’ devices due for warranty replacement. [More]