Cherry Faces Financial Crisis: Discontinues German Production, Outsources to China, Considers Selling Core Division
By
jsheard
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Summary
German peripherals manufacturer Cherry is facing a severe financial crisis, reporting a net loss of €20.4 million from January to September 2025 with €70.7 million in turnover. The company has an equity deficit (more debt than equity) and has completely discontinued switch production at its Auerbach facility in Germany, outsourcing manufacturing to partners in China. Cherry is considering selling its core peripherals division to another company as part of its restructuring efforts.
Key quotes
· 5 pulledThe deficit at Cherry is adding up. From January 2025 to the end of September, the company made a net loss of almost 20.4 million euros, with a turnover of 70.7 million euros.
Cherry now has more debt than equity (equity deficit), which recently led to an extraordinary general meeting.
Chief Operating Officer (COO) Udo Streller announced there that the switch production in Auerbach has now been completely discontinued.
Instead, Cherry has outsourced production to 'established partners in China'
German manufacturer Cherry is in crisis. The peripherals division could go to another company.
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