HTC CEO Hands Sales, Marketing Duties Off to Focus on Smartphone Comeback
October 21, 2013 2:11 PM
comment(s) - last by
The shift of duties is said to be temporary until the smartphone department is back on track
has taken a hard hit where smartphones are concerned, and the company's CEO has lightened his load in other departments in order to focus more heavily on bringing
back to the top.
, HTC CEO Peter Chou has handed some of his duties off to HTC Chairwoman and company co-founder Cher Wang. More specifically, Wang is taking on Chou's previous marketing, sales and supplier relationship duties so he can focus on product development and innovation.
"I have become very focused in the past couple of months. Before that I was too busy," said Chou. "I took on too many things. I need to be more focused on innovation and [the] product portfolio."
The company has even brought back another co-founder -- H. T. Chou -- to lead phone projects.
HTC CEO Peter Chou
The shift of duties from Chou to Wang is said to be temporary until the smartphone department is back on track.
HTC could certainly use all the help it can get right now. It used to sit in the top five list of companies when it came to phone shipments, but HTC even fell out of the top 10 this year.
To make matters worse, HTC showed its first-ever net loss for a quarter in
. It reported a net loss of $101.2 million USD on revenue of $1.6 billion.
HTC has had a slew of other problems as well, such as layoffs, where 20 percent of HTC employees were let go in September; rumors that the company will be sold, and issues with top designers
stealing trade secrets
ahead of leaving HTC to start their own firm.
Just last week, HTC
lost another key executive
-- HTC Global PR Vice President Lorain Wong -- after she had only been there for four months.
This article is over a month old, voting and posting comments is disabled
RE: its really really simple
10/22/2013 5:24:01 PM
The problem is that HTC can't compete selling cheap plastic crap against Samsung either.
If not build quality, what else are they supposed to compete with? It would also suck having HTC downgrade their design to Samsung's level, that would leave literally nothing but low quality devices running Android.
"And boy have we patented it!" -- Steve Jobs, Macworld 2007
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
BlackBerry Passport, Q5, and Z30 Go on Sale Till Dec. 30, Z30 is Nearly Sold Out
December 26, 2014, 4:04 PM
Despite Bump to $99/Year, Amazon Prime Attracts 10 Million New Customers
December 26, 2014, 3:08 PM
Qualcomm Snapdragon 810, New Gobi Modem Pass Cat. 9 LTE-A Test on UK's EE
December 25, 2014, 11:30 PM
Happy Holidays From DailyTech!!
December 24, 2014, 5:07 PM
Nokia's Sweet $250 Android Lollipop N1 Tablet is Rumored for Jan. 7 China Launch
December 24, 2014, 1:45 PM
Samsung Preps 4 GB LPDDR4 RAM to Power "4K" Smartphones in 2015
December 23, 2014, 10:38 AM
Most Popular Articles
Miyamoto: Nintendo is Prepping Successor to Troubled Wii U
December 22, 2014, 6:28 PM
Amazon's Kindle Fire HDX 8.9 Drops to $299 (30 Percent Off) for a Day
December 22, 2014, 10:57 AM
Android-Powered BLU Studio 7.0 Claims to be the "World's Largest Smartphone"
December 19, 2014, 2:40 PM
Airbus A350 XWB Passenger Jet Takes Off, First Unit Delivered to Qatar Airlines
December 22, 2014, 1:22 PM
Mississippi AG Drops Anti-Google Subpoena After Dirty MPAA Ties Are Revealed
December 22, 2014, 9:51 AM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information