Exclusive: HTC scales back production lines as cash flow worsens-sources

Customers look at HTC smartphones in a mobile phone shop in TaipeiBy Clare Jim TAOYUAN, Taiwan (Reuters) – Taiwanese smartphone maker HTC Corp has halted at least one of its four main manufacturing lines, accounting for at least a fifth of total capacity, and is outsourcing production as a sales slump puts pressure on its cash flow, according to sources with direct knowledge of the situation. A Reuters reporter who visited an HTC factory at the company's former headquarters in Taoyuan, about an hour's drive from Taipei, saw loading docks shuttered and a sign on a locked lobby door that read: "Lobby is temporarily closed for use. …



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Posted by on Oct 23 2013. Filed under TECHNOLOGY. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.

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