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Wireless

HTC scales back production, may outsource - report

Wednesday 23 October 2013 | 10:10 CET | News
HTC is considering outsourcing production of smartphones as the struggling Taiwanese smartphone maker looks for ways to cut costs and retain profitability, people familiar with the situation told the Wall Street Journal. The firm has met with several major contract manufacturers in recent months, including FIH Mobile and Wistron, about the possibility of outsourcing, as in-house production becomes more expensive due to the shrinking scale of orders. HTC currently produces all its smartphones at its own factories in Taiwan and China. In a town-hall meeting with employees on 22 October, CEO

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Categories: Mobile & Wireless
Companies: Foxconn / HTC / Wistron
Countries: World
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