The company is already having a bad time, yet another bad news for it arrives, where HTC's President of Smartphone and Connected Devices Business, Chialin Chang, has resigned. HTC's smartphone division has been losing money for ten consecutive quarters, with one of its most recent losses being $103 million in Q3 of previous year. The move comes months after Google made a decision to buy the smartphone design and engineering team from HTC for $1.1 billion (roughly Rs. 7,000 crores), and it could be the outcome of the plan that was reportedly aimed to streamline the company's smartphone lineup this year.
Local media reports said that after leaving HTC, Chang plans to set up a company eyeing the opportunities from the artificial intelliegence (AI) market.
The company has yet to appoint a successor to Chang. "We thank him for his dedication to the company for the last six years and wish him well in his future endeavors".
Sky Plc Extends Premier League Rights Through To 2022
What is this new Premier League TV deal and when does it come into affect? BT will show Saturday lunchtime games. BT Sport has won the rights to broadcast 32 matches per season on a Saturday at 12:30.
Carlos Cordeiro elected US Soccer president
Had it chosen to do so with Carter instead, Carter would have won the election in the first round with 54.6 percent of the vote. The bid - which would see the USA host 60 of the 80 games with Mexico and Canada taking up the slack - is due in 34 days.
Snowboarder Chloe Kim wins gold for USA
Chloe Kim's parents are originally from Seoul, and she said she has been reconnecting with relatives here in Pyeongchang. He was with his wife, two other daughters and Chloe's aunt at Phoenix Snow Park for the competition. "I love it all".
HTC has already sold off most of its smartphone design and engineering team to Google for $1.1 billion.
HTC hasn't officially quit the smartphone business just yet, but with the Google deal and now this, it is seeming increasingly likely that HTC may stop producing its own phones.
HTC's new flagship device the HTC U12 may appear in March or April, or even May. He was the CFO of HTC in the years 2013-2017. Maybe all of these changes can help HTC switch into a leaner, more innovative company.