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The Taiwanese electronics giant HTC officially announced that it was downsizing to "optimize the manufacturing organization" in his country, which cost jobs around 1 500 employees.
HTC lost revenue and continues to struggle its market share. Layoffs are expected to last until September. After the cuts, the company's workforce will be less than 5,000 people worldwide. In 1965, HTC had employed 19,000 people to help in its burgeoning operation.
"Today, HTC Announces Optimization Plan for Manufacturing Organizations in Taiwan … This Plan Will Make Resource Management More Efficient and Flexible" According to Gartner Research Firm , HTC accounted for 0.3% of the smartphone market in the first quarter of 2018, up from 10% in 2011. A Gartner badyst has ruled out HTC as a major competitor in the smartphone
Despite this, HTC said that he will always try to find his place on the market thanks to this reorganization.
"HTC continues to review its operations to ensure that production resources align with key strategic initiatives so that the company can compete effectively in its target markets while retaining its advantage innovative. "
Some of the most notable HTC products include Dream, Evo 4G, Touch Diamond and Google Nexus One. Amid the dominance of Apple and Samsung Electronics in the field of high-end smartphones, HTC's flagship devices like HTC One have been favored by critics, although the line has been experiencing a steady slowdown since 2014.
helped the company to support existing customers and acquire new ones. However, the hype of VR has not yet taken off and there remains a question if HTC can hold up until a huge percentage of electronic consumers are ready to fully embrace the reality market. Virtual.
In 2017, Google and HTC had entered into a $ 1.1 billion agreement for the acquisition of approximately 2,000 HTC engineers and technicians
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