HTC smartphone business president leaves sinking ship ahead of U12 launch

HTC mobile chief resigns before the unveiling of company's last flagship HTC U12

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.

Israeli military trial opens for Palestinian girl hero
Her father, Bassem Tamimi, shouted: "Stay strong!" Closed-door proceedings were held for a couple hours before adjourning. She was arrested , and now faces charges of aggravated assault, obstructing the work of soldiers, and incitement.

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.

Related:

  • Ajax starlet Justin Kluivert open to future Arsenal move

    Ajax starlet Justin Kluivert open to future Arsenal move

    A few more years at Ajax? Now he's a first-team regular with the Eredivisie giants following a string of promising displays. He was in the squad as side suffered a 2-0 defeat to United in the Europa League final last May.
    Doctors pull 14 worms out of woman's eye

    Doctors pull 14 worms out of woman's eye

    The Portland Tribune reports in the span of a few weeks, Beckley pulled 14 of the tiny worms from her left eye. Thelazia worms are spread by species of flies that look pretty much like your typical house fly.
    HRH Prince Henrik of Denmark has passed away

    HRH Prince Henrik of Denmark has passed away

    French President Emmanuel Macron said Henrik had helped promote the "long and unfailing friendship between France and Denmark."ยจ. In the beginning of February it was revealed that the prince had a benign tumor in his lungs.
  • Canadian Figure Skater Eric Radford Took Home The Gold

    Canadian Figure Skater Eric Radford Took Home The Gold

    Two gay male athletes have competed already at Pyeongchang, South Korea, and both have walked away with a medal in their hands. And yet another said: "This Canadian loving American is so proud of you and of all you incredible teammates".
    TWI Cambridge tech used for Elon Musk's historic SpaceX flight

    TWI Cambridge tech used for Elon Musk's historic SpaceX flight

    It will use a Falcon 9 rocket to launch the Paz Earth monitoring satellite into orbit for Spain. Only NASA's Saturn V rocket, which carried astronauts to the moon, has lifted more that high.
    U.S.  urges help for Iraq, extends $3bn credit line

    U.S. urges help for Iraq, extends $3bn credit line

    But Ankara regards the group as linked to Kurdish separatists in Turkey that the government considers terrorists. Secretary of State Rex Tillerson reaffirmed Washington supports Egypt in its fight against terrorism.
  • Pics of Porn Star Stormy Who Had an 'Affair' With Donald Trump

    Pics of Porn Star Stormy Who Had an 'Affair' With Donald Trump

    The payment was allegedly made to the porn star for a nondisclosure agreement of an alleged sexual encounter with Trump . She hinted during the interview she might not have signed the statement.
    Sweden tried to drop Assange extradition in 2013, CPS emails show

    Sweden tried to drop Assange extradition in 2013, CPS emails show

    She said Assange "appears to consider himself above the normal rules of law and wants justice only if it goes in his favor". Assange to the United States" and risk touching off a diplomatic crisis involving Britain, Sweden and the United States.
    WWE Reportedly Makes Big Change to PPVs Moving Forward

    WWE Reportedly Makes Big Change to PPVs Moving Forward

    And after Ziggler nailed Zayn with a picture-perfect super-kick, Styles will now defend his WWE title in a Fatal-5-Way match. With both Randy Orton and Jinder Mahal answering the call for gold, it was only a matter of time until chaos broke out.
  • In the business of love

    In the business of love

    Bermuda florists are braced for a Valentines Day last-minute rush, and some have prepared in advance for late orders. Roddy Bird, who has been in the floral business 41 years, said his sales this year "have been wonderful".
    Chloe Kim stays 'hangry,' live-tweets on her way to gold

    Chloe Kim stays 'hangry,' live-tweets on her way to gold

    She was coming down with a bad case of the hangrys, the unfortunate result of not finishing her breakfast sandwich . I've learned that you shouldn't treat the Olympics as a destination nor should they be something that defines you.
    Steve Kerr disrespects Suns by letting players coach

    Steve Kerr disrespects Suns by letting players coach

    Earlier in February, Yahoo Sports reported that Casspi could be traded due to unsatisfactory performance in three-point shots. Phoenix is 18-40, tied with Dallas for the worst record in the NBA Western Conference, so Kerr could afford to experiment.

Comments

Latest news

Chelsea's Gary Cahill 'devastated' by Ryan Mason's retirement after horrific head crush
The door is open for me to help him and the club because we love him and Rachel and George and all his family. He also earned a cap with England in 2015.

Taco Bell's Brian Niccol Tapped To Lead Chipotle Out Of Its Miseries
Williams previously served as chief financial officer of Taco Bell, leading six years of strong sales, profit and brand growth. Wall Street applauded the news; Chipotle's slumping stock price shot up by as much as 12% in after-hours trading.

Shaun White wins gold in men's halfpipe with epic final run
That forced White to up the ante. "I was trying to fight back the tears but I couldn't do it". Over the last four years, White has found himself pushed by competitors like Hirano and James.

This is why a woman in China climbed inside X-ray machine
When security staff warned that she'd have to put the bag through security, she circled back to the airport-style luggage scanner. Footage shows the woman emerging from the X-ray machine, hunched over on the conveyor belt before someone helps her off.

Rocket League is becoming a real-life Hot Wheels set
To be fair, the toy company isn't just selling a pair of Rocket League-themed remote controlled vehicles and calling it a day. While there's no denying the high price, it's still cheaper than buying a Nintendo Switch and a copy of the game.

Trump budget includes steep cuts, rising deficits
In 2019's budget , Mulvaney said the president also wants to get rid of the current pay-raise system for federal employees. At a press conference on February 8 held by several Democrats in the U.S.

Chrome will start blocking disruptive ads tomorrow - here's how it'll work
But we're only at the very beginning of the Chrome ad blocker story, the evolution of which the web will be watching very closely. JavaScript or image calls - on sites with pages that fall short of requirements against known ad-related URL patterns.

Meghan Markle Had Her First Kate Middleton Twinning Moment
The couple was there to visit the Band of the Royal Marines when they met Cruachan, the mascot of the Royal Regiment of Scotland. She said: "We are expecting to see Meghan and Harry , we are so excited".

Porto with injury worries ahead of Champions League clash
Jamie Carragher believes the current Liverpool side is better than the 2005 side that won the Champions League . As I mentioned, the link between Salah and Firmino is nearly telepathic and they are hard to stop.

Women's slalom latest race postponed as wind blows away Olympic alpine schedule
Frida Hansdotter, 32, of Sweden is a consistent podium finisher, even if she only has four World Cup slalom wins to her name. High winds have wreaked havoc with the PyeongChang skiing schedule, pushing this race from the weekend into Wednesday.

Trump Should Treat Women 'With More Respect', Say Bill and Melinda Gates
Melinda also adds that they work with thousands of partners who keep them "connected to the people we're trying to help". Answering the question, Melinda Gates laid the answer out simply: "because they can do things no one else can".

Damascus warns Israel of 'more surprises' in Syria
As stated in the above, Israel has repeatedly conducted air strikes to thaw Iran's attempts to transfer weapons to Hezbollah. The armed forces are getting bold enough to challenge aerial violations by their opponents, no matter how powerful they are.

Omarosa Says a Pence Presidency Would Leave People Begging for Trump
After Kelly dismissed Manigault Newman, she allegedly stormed the White House residence trying to appeal her firing with Trump . Mark, who felt the need to remind us that she is reality TV's biggest villain - and can't be trusted.

Chicago officer fatally shot inside government building
Chicago Police Department spokesman Anthony Guglielmi said the commander was shot before 2 p.m. Information is still coming in at this time, but I wanted you to know as soon as possible.

Emmanuel Macron to propose reorganization of Islam in France
On-the-ground observers reported last month that Syrian forces were deploying chlorine gas during air strikes on rebel positions. His comments follow numerous reports of suspected chlorine attacks in Syria since early January.

Other news