Date
21 July 2018

HTC chairwoman takes extra duties, WSJ says

HTC Corp. said its chairwoman, Cher Wang, has taken over some duties from chief executive Peter Chou as the Taiwanese smartphone maker continues to struggle with falling market share, the Wall Street Journal reported Monday. Chou is focusing on creating the best products and ensuring the best execution across the company and has invited Wang to participate more in certain areas such as operations, sales and marketing, the report said, citing a company statement. Chou remains chief executive with full and final decision-making responsibilities. The move is seen as HTC’s latest effort to stay relevant in a market where high-end smartphone vendors such as Samsung Electronics Co. and Apple Inc. and low-cost competitors such as ZTE Corp. of China continue to expand market share, the report said.

– Contact HKEJ at [email protected]

RA

EJI Weekly Newsletter

Please click here to unsubscribe