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HTC denies that it’s shutting down factories

Published Oct 23rd, 2013 8:55AM EDT
HTC Factory Closures Denied

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It’s never a good thing when you have to spend time denying credible reports that you’ve started shuttering some of your production facilities. But that’s just the situation that HTC found itself in on Wednesday when it told Reuters that it’s “not shutting down nor does it have plans to sell any of its factory assets.” HTC issued the statement in response to reports from both Reuters and The Wall Street Journal that claimed the company is considering outsourcing some of its production capabilities. Reuters even went so far as to claim that HTC had already shut down one of its four major production facilities after one of its reporters went there and found it abandoned. HTC said that it had temporarily closed the factory because “like any manufacturer, we do volume planning to optimize our lines, our manufacturing and production facilities.”

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.