HTC names CFO Chialin Chang as head of sales
Chang has enviable experience in sales and the field is already familiar to him
Unfortunately for HTC, this year has been far from successful for the Taiwanese company. Recently, the phone-maker confirmed its first quarterly loss of $100 million on revenues of $1.6 billion with operating loss of $120 million. Sadly, even HTC One couldn’t save the company from the unpleasant situation. And that is only one thing on the list.
Later HTC One mini got targeted by Nokia to be completely removed from the UK market for using Nokia’s patents. Fortunately for HTC, the courts issued a stay on the device and the Taiwanese phone-maker still has some to time to work all issues with Nokia and to make some good over the patent business.
Apparently, HTC leading team has a lot on their mind and even more to fix, in order to rise above the water. Right now, the company shuffles around executives. Reuters reports that HTC’s latest move is to name the current CFO (Chief Financial Officer) as the head of sales. Chialin Chang is set to remain in that position until, as the report says, the time when a transition of responsibilities would make sense. At the same time he’ll be also the new head of the global sales of HTC. Chialin Chang would give everything that is up his sleeves in order to stop the unpleasant declining trend of the Taiwanese company as or two years the sales of HTC’s production go down.
Chang has enviable experience in sales and the field is already familiar to him, according to the company’s statement.
The announcement comes amid waning fortunes for the once-dominant phone maker. In the most recent quarter, HTC posted its first-ever quarterly loss, while earlier this month it reported its 25th consecutive month of declining year-on-year sales.
The company also saw a wave of executive departures earlier in the year and is undergoing structural changes in response to slumping revenue.
Chang had been involved in sales previously and the move aims to consolidate operations, according to the company.