HTC's Phone Boss Hangs Up On Handset Biz
HTC today said Chialin Chang, President of Smartphone and Connected Devices Business, has resigned effective immediately. The only reason given for the departure pertains to Chang's "personal career plan." The company did not name a replacement. Chang joined HTC initially in 2012 as the company's CFO, though he later transitioned to the smartphone business. Google completed its purchase of a large portion of HTC's smartphone design team last month. HTC says it will continue to make smartphones and is widely expected to debut a new flagship device in the next month or two. If or how Chang's departure impacts those plans is unclear.
Hands-On with the HTC 10
HTC showed off its 2016 flagship smartphone today. The HTC 10 takes all the characteristics we've come to appreciate in HTC and amps them up.
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.
Asus On the Fence About HTC Acquisition
Asustek Computer is thinking about buying competitor HTC, but it hasn't made a final decision just yet. The company has discussed the matter among its executives, according to CFO David Chang.
HTC to Trim Headcount and Handsets
HTC today said it plans to make cuts to its employee base and reduce the number of handsets it releases in a bid to become more competitive with market leaders Apple and Samsung. "The cuts will be across the board," said HTC CFO Chialin Chang.
Google to Buy HTC's Pixel Handset Team for $1.1 Billion
Google today said it has agreed to purchase HTC's Pixel smartphone business, as well as acquire some employees and license intellectual property, for $1.1 billion in cash. HTC's Pixel engineers will be added to Google's existing hardware organization, where they will continue to work on the Pixel smartphone line.