HTC smartphone business president leaves sinking ship ahead of U12 launch

HTC-smartphone-chief-chialin-chang-resigns

HTC, the popular Taiwanese tech giant, has ended the year 2017 by recording the lowest revenue of $2.1 billion in 13 years.

KitGuru Says: HTC's smartphone sales have been dwindling for years and now with most of the company's smartphone team gone, it wouldn't be surprising to see them drop out of the phone business.

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. The move comes months after Google chose 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.

HTC seems to be in a tough spot, as its smartphone chief just announced his resignation effective immediately.

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In a statement, HTC said Chang had made a decision to leave to take a different career path. Chang previously worked at Motorola and Goldman Sachs before joining HTC as CFO in 2012. The company hasn't revealed any replacement for Chang yet.

The company added it was grateful to Chang for his contribution to HTC over the past six years and hoped he would forge an even more successful career in the future. However, after Google acquired HTC's smartphone design and engineering teams, his position was somewhat redundant. It is expected that HTC will launch HTC U12 sometime in 2018.

It's been a rough few years for HTC.

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