HTC (2498) has a lot riding on its next-generation flagship HTC One smartphone, but the company confirmed on Tuesday that the handset’s launch has been delayed. Multiple HTC executives confirmed to The Wall Street Journal that the HTC One will not launch on schedule, citing component sourcing issues as the reason for the delay. “The company has a problem managing its component suppliers as it has changed its order forecasts drastically and frequently following last year’s unexpected slump in shipments,” an unnamed HTC executive told the Journal. “HTC has had difficulty in securing adequate camera components as it is no longer a tier-one customer.” HTC’s marketing chief Benjamin Ho added that HTC expects to start filling preorders by the end of March, with a wider launch to follow “as we approach April.”