HTC shutting factories, might move to outsource smartphone production

HTC seeks to scale back and outsource smartphone production
Both Reuters and the Wall Street Journal are reporting today that there is some major production restructuring brewing at HTC. The Journal cites its own sources who confirm that HTC has been in talks with Foxconn, Wistron and the like, for outsourcing some of its smartphone production to them. Currently HTC makes all of its phones itself, in a few factories in Taiwan and mainland China.

Reuters chips in, reporting that one of those factories has been recently closed, with its journalist seeing it actually locked up, with loading docks empty and a confirmation sign on the doors. Probed for comments, HTC actually replied that this is just production line optimizations, likely due to diminishing sales, and it has no plans to stop producing its own handsets. Here are the quotes from HTC:

source: Reuters, WSJ

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