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HTC to soon will leave smartphones market, job cuts for now
  • HTC is planning to cut jobs yet again. This information comes from Taiwanese media outlets, which claim that the information has been confirmed by the company.

    This will mark the second year in a row as HTC is cutting jobs, the company did something similar last year. According to the Taiwan News website, HTC will cut jobs "as part of its realignment strategy aimed at retaining an innovative edge".

    For now only it is free money flow from big investors that keep company afloat (same is true for Sony department that makes smartphones).
    In 2020 we can see few of former top brands leaving the market - this will include HTC and Sony for certain.