If you’ve been paying attention at home then you know that HTC recently posted is first quarterly loss in over 11 years. Even with award winning devices like the HTC One and the rumored One Max on the horizon, HTC looks to not only be bleeding employees, but also partners. Things are going so far south that it’s been rumored that there will be a change in command or a possible buy out from a prominent Chinese manufacturer. However if HTC’s Chairwoman, Cher wang is to be believed, the company isn’t in as bad a shape as we’re led to believe. According to her, the company’s stock prices shouldn’t be a reflection of what’s ahead. According to her:
“Stock price is really the past. Innovation is the future. I actually never look into the price, it doesn’t influence me. The (ability) of the company to be able to stick with (its) vision is the most important.”
She also went on to refute the rumor that there’s a company out there looking to buy out the Taiwanese company. Not only that, she also refuted that there will be a change in leadership. She had this to say:
“Peter is a great guy. He has a lot of innovative ideas and he’s very charismatic.”
According to sources close to HTC, investors aren’t enthused about the recovery path the company is taking. Some would hope that a change in leadership could possibly spur new life into the company but it appears that this won’t be happening. As the One Max will appease a niche market, it may not be the financial savior some would hope it to be. Either way Cher Wang is optimistic, as she promised a “a very interesting road map.” Only time will tell if HTC can turn it around.
source: Focus Taiwan
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