HTC Loses Another Key Executive
October 18, 2013 3:00 PM
comment(s) - last by
Losing money and staff at a rapid rate there's no easy answer for HTC
HTC Corp.'s (
) bid to stay relevant in the smartphone industry took another hit this week when Lorain Wong -- a top executive -- announced she was leaving her post as HTC's global public relations vice president
after only four months
Back in July she had take the reins from Jason Gordon who left the firm. She seemed a promising fit having enjoyed successful campaigns at many mobile firms, including her most recent stint at submarine cable provider Asia Global Crossing, where as VP of marketing she orchestrated a successful rebranding campaign as AGC became "Pacnet".
Word of the VP's resignation came this week
. It ascribed "personal reasons" as the cause of the resignation, although it’s
hard to believe that HTC's recent loss
-- the first in company history -- had nothing to do with it.
Former HTC Global PR VP, Lorain Wong
Ms. Wong has agreed to stay on 3 to 4 months as a consultant, so clearly the decision to leave was hers, and not something her employer wanted.
For HTC -- company who admitted that much of its struggles have been due to poor communication and marketing -- this is terrible news. But ultimately given HTC's market direction, it's become all too predictable that
top talent will leave it
. HTC has
cut back on executive pay
, and five other major executives had let it in 2012 and 2013, in addition ot VP Wong.
At the same time HTC has
scaled back its research and development spending
, leading many of its engineers to be laid off or face pay cuts. As a result companies like China and South Korea's Samsung Electronics Comp., Ltd. (
) have been
feasting on this wealth of abandoned talent
This article is over a month old, voting and posting comments is disabled
RE: The media's new punching bag?
10/22/2013 2:30:34 AM
Way to show your ignorance of women, ignorance of Taiwanese business culture, and ignorance of business in general.
Her job at HTC pays well. If it's that easy why don't you offer to replace her? Or are you afraid you will succeed too much and show everybody up?
"I modded down, down, down, and the flames went higher." -- Sven Olsen
HTC Admits it Has a Communication Problem, Eyes Windows Phone Escape Route
October 8, 2013, 1:19 PM
HTC Execs Allegedly Conspired to Steal Secrets, Flee to China
September 2, 2013, 5:27 PM
HTC Trainwreck Continues, Q3 Earnings Forecast Slashed 30 Percent
July 30, 2013, 9:00 AM
HTC Executives Get a Big Pay Cut
June 21, 2013, 12:45 PM
HTC is on the Brink of Ruin as HTC First Flops, Employees Flee the Sinking Ship
May 22, 2013, 11:23 AM
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
The Samsung Galaxy S7
September 14, 2016, 6:00 AM
Apple Watch 2 – Coming September 7th
September 3, 2016, 6:30 AM
Apple says “See you on the 7th.”
September 1, 2016, 6:30 AM
Apple sued because of iPhone 6 Touch Disease
August 31, 2016, 7:00 AM
Get Ready to wait in line – iPhone 7 due September.
August 18, 2016, 7:15 AM
Most Popular Articles
5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
Laptop or Tablet - Which Do You Prefer?
September 20, 2016, 6:32 AM
Update: Samsung Exchange Program Now in Progress
September 20, 2016, 5:30 AM
Smartphone Screen Protectors – What To Look For
September 21, 2016, 9:33 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM
Latest Blog Posts
Who is in Risk of Getting Oral Cancer?
Sep 23, 2016, 6:02 AM
France Bans Plastic Eating Utensils in Restaurants
Sep 18, 2016, 10:49 AM
Progress Against Acute Myeloid Leukemia
Sep 17, 2016, 5:30 AM
Apple Watch Series 2 - Number 1 in the Customer Satisfaction.
Sep 7, 2016, 6:19 PM
First Self-Driving Car debut on the streets of Singapore
Aug 28, 2016, 4:10 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information