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HTC says it is 'not shutting down' or shutting any of its factories

HTC experiencing issues, but has said it is 'not shutting down' or closing any of its factories
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Oct 24, 2013 10:28 am

We know HTC is experiencing issues, with one of those roads it could go down would result in the Taiwanese smartphone manufacturing shutting its doors. But according to the company, it won't be doing so.




HTC issued a statement, where it talked to Reuters and said it was "not shutting down or does it have plans to sell any of its factory assets." This doesn't mean that the company won't be selling itself in pieces to another company, which is where I think it is headed in the coming months.


Reuters even claimed that HTC had already shut down one of its four major production facilities, after one of its reports actually went there and found it abandoned. The Taiwanese manufacturer fired back stating it closed the factory because "like any manufacturer, we do volume planning to optimize our lines, our manufacturing and production facilities."


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