News Hobico Files For Bankruptsy

Discussion in 'Industry News' started by The Informer, Jan 11, 2018.

By The Informer on Jan 11, 2018 at 10:20 AM
  1. The Informer

    The Informer Administrator

    Be aware when making orders for hobico brands - just incase. Hobico have many brands including futaba. With over 850 employees its a sad day for the Hobby RC industry. In all probability there will be a buyer and they are continuing to operate through the transition.

    Some info about Hobico and the bankruptsy filing: https://en.wikipedia.org/wiki/Hobbico

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    The Informer, Jan 11, 2018
    #1

Comments

Discussion in 'Industry News' started by The Informer, Jan 11, 2018.

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    1. helitone

      helitone Member

      hope someone buys them
       
      helitone, Jan 11, 2018
      #2
    2. joffa13

      joffa13 Member

      Thinking about it @helitone - someone would HAVE to buy them out. Surely there is a still a market for RC stuff?
       
      joffa13, Jan 11, 2018
      #3
    3. smakmeharder

      smakmeharder Administrator

      I feel there will be a buyer for sure. Even though the hobby is in decline all around, there will allways be a perpetuating market for propeller heads (pardon the pun). Helis - and RC in general - replicates real world physics very well. And in know that things like VR/drones etc have changed the landscape quite a bit but there is still what i believe is an attraction to a particular type of personality that exists in a small percentage of the population - a niche if you like.
       
      smakmeharder, Jan 11, 2018
      #4

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