HTC CEO Peter Chou replaces

Mar

20

2015

HTC is replacing its CEO, Peter Chou. Chairman Cher Wang takes over. Chou is a new strategic role ‘play in the company, as head of HTC’s Future Development Lab. HTC has been struggling for several years with mixed results.

HTC That reports Bloomberg based on a statement from HTC. The Taiwanese company has been struggling for several years with poor results and market share, including Samsung and recently Xiaomi. In the last quarter, the company made ​​it for the first time in years, profit more weather than the previous quarter.

Chou HTC founded in 1997 together with Wang and was CEO since 2003. Although Chou the company as CEO knew to transform from a manufacturer for other people’s phones to a manufacturer who released under its own brand products, there emerged in recent years, dissatisfaction with the course that feed Chou. In October 2013 Wang was already an important role in HTC, which she began to include overseeing the daily operations. While Chou focused on the development of new products. It was time to formalize those roles, HTC says.

The resignation of Chou does not mean he should be looking for another job: HTC wants to keep him inboard as head of the Future Development Lab of HTC. What is his exact job description is not yet clear.

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