Wednesday, October 23, 2013

HTC: Production slowed, cash flow problems - CHIP Online Business


All right: HTC's chief marketing officer Ben Ho denies the shutdown of production facilities.

Everything not true: HTC’s chief marketing officer Ben Ho denies the shutdown of production

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The Taiwanese smartphone manufacturer has stopped at least one of its four major production facilities and also launched major outsourcing measures, according to a Reuters report the production. That would mean a reduction of around 20 percent and will have its cause in massive cash flow problems due to weak sales. Reuters relates to information within the company with “direct knowledge of the situation.” Although

know to convince especially the younger one models from HTC both the trade press and users. Nevertheless, it has the manufacturer never managed to take really ride in the competition against the top dogs Apple and Samsung. Not even the announcement of a new one models of different classes seems (about the HTC one and the One Mini Maxx), as well as a tablet and a yet unspecified speifizierten wearable device to change anything. This month, HTC has had to report a loss in company history seinr first time. The end of June, the cash flow decreased to negative 707.27 million U.S. dollars.

HTC one. Much praised, but apparently bought too little

HTC one: Much praised, but apparently bought too little.


had originally denied, shut down the production or outsourcing to operate HTC. In an e-mail inquiry from Reuters is also denied any intention of production or parts thereof for sale. The sources said, however, expressed the opposite. HTC should have considered repel the disused production facilities in China and Taiwan. Chief Marketing Officer Ben Ho told Reuters, “If the demand is low, just to optimize the production and therefore the costs.” HTC also emphasizes that the company’s balance sheet continues to be very strong and you, the investors and the wider public on the occasion of regular financial report on 5 Will also explain

November. Course, it could also speculate that HTC wants to create production capacity primarily to prepare a possible impending partnership with Amazon making a “Kindle-phones”.

(fm)


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