This article was published on October 21, 2013

HTC’s CEO is increasing his focus on innovation, as he looks to turn the troubled company around


HTC’s CEO is increasing his focus on innovation, as he looks to turn the troubled company around

htc one xHTC 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

Get the TNW newsletter

Get the most important tech news in your inbox each week.

Also tagged with