HTC boss Peter Chou is passing a number of ‘operational duties’ over to company chairwoman Cher Wang, in order to focus on product and innovation at the troubled smartphone maker.
That’s according to the Financial Times — which quotes Chou as admitting that he “took on too many things.”
Chou has refused to even entertain the idea of stepping down from his role — despite dwindling revenue and market share, and HTC’s first quarterly loss as a listed company — so it will be interesting to see what future devices are forthcoming now that he is “focused on innovation and product portfolio.”
➤ HTC chief offloads duties to chairwoman to reverse decline [Financial Times] (Paywalled) | Via Reuters
Headline image via by John.Karakatsanis / Flickr
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