TweakTown
Tech content trusted by users in North America and around the world
5,677 Reviews & Articles | 36,080 News Posts
Weekly Giveaway: Fractal Design Arc Cases Contest (Global Entry!)

HTC is reorganizing its US operations in an attempt to curb the recent downtrend in sales

HTC reorganizes US leadership, hopes to turn around dwindling company

| Business, Financial & Legal News | Posted: Jul 22, 2013 9:04 pm

On Friday, HTC released its earnings report for the second quarter of 2013 and things did not look well for the company. The numbers show that profit took a nosedive during the second quarter and fell approximately 83 percent, while revenue declined 22 percent. These are usually numbers that indicate a company is heading for a hard and unfortunate brick wall. Fortunately, HTC recognizes this and has decided to reorganize its entire US operations.

 

TweakTown image news/3/1/31858_1_htc_is_reorganizing_it_s_us_operations_in_an_attempt_to_curb_the_recent_downtrend_in_sales.jpg

 

This morning, the Wall Street Journal is reporting that they have obtained an internal memo that unveils how the reorganization will go. President of Global Sales, Jason Mackenzie, will now head up all of US operations and former U.S. Boss Mike Woodward will now lead a new specialized unit dubbed "Emerging Devices" that will focus on innovating new HTC products and global distribution strategies.

 

"I want to thank these two outstanding leaders for their contributions to the success of the HTC One so far," Mr. Chou wrote about Mr. Mackenzie and Mr. Woodward. "But as you know and would expect, we also need to do more. With the success of the One, we have many new opportunities both to expand current sales as well as to enter new distribution channels with new business models."

NEWS SOURCES
Online.wsj.com, Bgr.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below