Monday, December 16, 2013

Struggling smartphone maker HTC names CFO as head of sales - Reuters

class=”location”> TAIPEI Mon December 16, 2013 5:19 am EST

Customers look at HTC smartphones into a mobile phone shop in Taipei July 30, 2013. REUTERS / Pichi Chuang

Customers look at HTC smartphones into a mobile phone shop in Taipei July 30, 2013.

Credit: Reuters / Pichi Chuang

class=”focusParagraph”> TAIPEI (Reuters) – Taiwanese smartphone maker HTC Corp. has named current CFO Chialin Chang as global head of sales, According To a statement released by the company on Monday.

The announcement comes amid waning fortunes for the once-dominant smartphone maker. In the Most Recent Quarter, HTC posted its first-ever quarterly loss, while EARLIER this month it reported its 25th Consecutive month of declining year-on-year sales.

The company overpriced saw a wave of executive departures EARLIER in the year and is undergoing structural changes in response to slumping revenue.

Chang had been Involved in sales Previously and the move AIMS to consolidate operations, According To the company.

Chang willalso remainings CFO “until the time a transition of responsibilities makes sense,” the statement said.

(Reporting by Michael Gold; Editing by Matt Driskill)

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