HTC CEO Sheds Some Responsibilities to Focus on Products
HTC CEO Peter Chou has shifted some of his management responsibilities to the company's chairwoman, Cher Wang. In a statement, HTC explained, "At this crucial time, it is important for HTC to remain focused. That means that Peter is focusing on creating the best products and ensuring the best execution across the company. He has invited Cher to participate more in certain areas such as operations, sales and marketing. With Cher's involvement Peter will have more time to focus on product innovation. Peter remains the CEO with full and final decision-making responsibilities." HTC has seen its share of the smartphone market drop over the last two years and recently reported its first-ever quarterly loss as a public company. HTC said the change in Chou's responsibilities will be temporary, but left the timeframe open-ended.
HTC Appoints Cher Wang as CEO
HTC today promoted Cher Wang, co-founder and chairman of HTC, to the CEO position. Wang is replacing long-time CEO Peter Chou, who is transitioning to a product development role.
HTC's Design Chief Departs After One Year at the Helm
Jonah Becker, HTC's VP of Industrial Design, announced he is departing the company. Becker joined One & Co., a design firm bought by HTC, 17 years ago.
HTC to Drop Entry-Level Phones, Focus On Profits
HTC plans to exit the entry-level phone market moving forward and will instead focus its handset portfolio on high-margin devices. The company made the comments during a conference call with media to discuss its fourth quarter financial results.
HTC Delays Wearable Until Next Year
HTC today said is will not launch a wearable with Under Armour this year as expected, and is now targeting early 2016 instead. The company first revealed the HTC Grip in March.
Put in a decent camera (8mpix or better) and you'll do way better. Add an SD card slot and replaceable battery and it'll be a winner.