CEO Chou has issued a series of executive positions and to instead promote the product development at HTC. Company founder Cher Wang accepts and works full time again in the struggling company.
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HTC CEO Peter Chou has made many tasks to the supervisory board and co-founder and chief focuses on product development. The British Financial Times reported, citing Chou. Supervisory boss Cher Wang has taken over the sales, marketing and supplier of Chou.
The CEO explained that this was only a temporary change in the leadership. “I’ve focused more in recent months. Previously, I had too many responsibilities. I busied myself with too many things. I have to focus more on innovation and product offerings” , Chou told the Financial Times . Wang is now no longer working at two, but six days a week in the company.
According to the market researcher Canalys, HTC’s market share from 11.1 percent two years ago went to currently 2.6 percent.
HTC could be taken over by the Chinese competitors Lenovo, Huawei and ZTE. The news agency reported Bloomberg. Wang, whose family owns shares in the company have repeatedly stressed that they want the future of the company valued optimistic and not a sale. The Wall Street Journal had HTC announced in May 2013 that the One since its market launch in late March 2013, some five million units have been sold.
In July 2013 it was reported that HTC includes several worldwide locations and approximately 1,000 cutting jobs. After that, the smartphone maker is under pressure due to weak sales of the HTC-One product line in Europe and North America. New smartphones with Windows Phone 8 will probably not give it from HTC, as an unconfirmed report of Digitimes.
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