Seems like all of the news that ever comes from HTC has something to do with rocky finances. Unfortunately, that’s still the case today, as HTC has warned that revenue is going to continue dropping even into the usually profitable 4th quarter. The silver lining is that cost cutting and some other tactical sales and arrangements should help HTC make a small profit, but as far the big picture is concerned, that doesn’t quell any fears that HTC’s shareholders likely have about the company’s future. Apparently sales of the HTC One still haven’t managed to salvage the entire company, and with the limited launches of the One Mini and One Max, HTC hasn’t really had much of a flagship portfolio to stay competitive.
Cher Wang has already taken on a bigger role in the company and she continue to insist that HTC will not sell out to another company like what Nokia did. She also refuses to allow HTC to merge with another company, which we’ve also seen some speculation about. Considering she and her husband own roughly 6% of the shares in HTC, it’s unlikely that any corporate buyouts will happen without her approval. While that doesn’t really give anyone an answer as to what HTC will do to fix the sinking ship, it’s good to see that they have a very committed leader in Cher Wang. Hopefully we won’t have to see too many more stories about HTC cutting forecasts after the next few quarters.
source: Wall Street Journal
Come comment on this article: HTC’s future still looks rocky, but Cher Wang says they still won’t sell out to another company
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