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File photo of HTC CEO Chou speaking during the launch of the HTC One smartphone in London

File photo of HTC CEO Chou speaking during the launch of the HTC One smartphone in London

HTC CEO Peter Chou speaks during the launch of the HTC One smartphone in London, in this February 19, 2013 file photo. 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. HTC launched its latest version of the flagship One series handsets this year but has struggled to gain traction in a market dominated by larger rivals Apple Inc and Samsung Electronics Co Ltd. To match Exclusive HTC-PRODUCTION/ REUTERS/Toby Melville/Files (BRITAIN - Tags: SCIENCE TECHNOLOGY BUSINESS TELECOMS)
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Stock Photo ID:
42-52503070
Date Photographed:
October 23, 2013
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Credit:
© TOBY MELVILLE/Reuters/Corbis
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Rights Managed (RM)
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18 MB - 2104px × 3000px • 7.00in. × 10.00in @ 300 ppi
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