HTC’s struggles continue despite the successful launch of its new flagship HTC One smartphone, and the company now believes it may soon post its first quarterly operating loss since becoming a public company. Noted and reputable Chinese analyst Alice Sun said last week that HTC was considering throwing in the towel and had begun speaking with potential buyers in search of an exit, but company chairwoman Cher Wang vehemently denied the report in a statement given to Engadget. “Based on recent inquiries related to rumors that HTC is looking to sell the company, we want to confirm that those rumors are untrue,” the statement read. “HTC is committed to innovation and will continue to deliver new designs and products to consumers worldwide. We appreciate the support and affirmation of our customers and have new initiatives underway to further build our global presence and a full resurgence of the HTC brand.” Sun isn’t backing down, however, and she says time will reveal the truth.
HTC: We are not for sale
Published Aug 5th, 2013 4:30PM EDT
If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs.
This article talks about:
HTC
Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
More
Latest News
