The German company Cherry is primarily known for its switches for mechanical keyboards. This market actually became mainstream thanks to Cherry. However, now Cherry is experiencing significant difficulties and may be sold to someone.
According to the latest financial data, Cherry’s revenue for the period from January to September 2025 reached 70 million euros. The company recorded a net loss of around 20.4 million euros and now has more borrowed funds than equity. As per conversion, this translates to approximately $75, and $22 million respectively. The production of mechanical switches in Auerbach is closed, and overall production has been outsourced to trusted partners in China and Slovakia.
Problems for the company began long ago. In fact, they started in 2014 when the patent for Cherry MX switches, issued in the early 80s, expired. Over time, Chinese companies learned to create switches just as good as Cherry, and today mechanical keyboards truly became mainstream thanks to affordable models and a vast assortment.
At a recent management meeting, CFO Jurjen Jongma stated that the company has depreciated so much that there are practically no alternative options left. According to him, Cherry will either have to merge with another company or sell itself to whoever offers the highest price.
In the early 1930s, Swiss astronomer Fritz Zwicky noticed that galaxies in space were moving…
Without much fanfare, AMD has expanded its lineup of professional graphics cards with a model…
Due to the AI boom, data centers are sprouting up worldwide like mushrooms after the…
As reported by SCMP, Chinese researchers have conducted a simulation of actions to block Starlink…
CEO of Nvidia, Jensen Huang, seems in no hurry to replace his workforce with artificial…
On December 4, in China (as the model is not sold elsewhere), the official launch…