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Article: Where now for Psion? The next generation of Filofax. . . the renaissance of British technology. . . even feared by Bill Gates. But how times have changed. Richard Fletcher finds out if anything can recharge Psion's batteries
- Article from:
- The Sunday Telegraph London
- Article date:
- August 26, 2001
- Author:
CopyrightCopyright 2001 The Sunday Telegraph London. Provided by ProQuest LLC. (Hide copyright information)
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Six weeks after announcing that Psion was to cease production of
its flagship handheld computers, David Levin, chief executive, is
preparing to face investors. The company, which blazed a trail in
electronic "organisers", must answer the question - what next?
Levin and David Potter, the chairman and founder of Psion, will
meet City analysts and investors on Wednesday, when they are
expected to announce a loss of around pounds 50m for the first half
of this year.
It will be the first chance that many investors have had to quiz
Psion's chairman and chief executive on the dramatic restructuring
and new strategy announced last month.
The decision to end production of handheld computers - or ...