Killer competition claims another victim

Behind Fu Chang's sudden bankruptcy is a tale of quality issues, financial mismanagement and slowing growth of the mobile phone industry

There was a time when the basketball court for staff of a Shenzhen-based manufacturer was full of action and energy.

Now, no one is in a mood to play. Fu Chang (Fosunny) Electronic Technology Co's sudden announcement of bankruptcy has knocked the wind out of everyone's sails.