HTC Corp. Chairwoman Cher Wang replaced Peter Chou as chief executive officer after three years of declining sales at the Taiwanese smartphone maker....
HTC Corp. Chairwoman Cher Wang replaced Peter Chou as chief executive officer after three years of declining sales at the Taiwanese smartphone maker.
“I know the company, I know the people, and I have the vision,” Wang, 56, told Bloomberg News in an interview. “I think I am the best candidate. I suggested it.”
Chou, 58, presided over HTC’s rise to the top of the U.S. smartphone rankings, the settling of a patent dispute with Apple Inc. and the purchase and sale of Beats Electronics. His reign also saw the stock drop and market share shrink as HTC suffered at the hands of cheaper models from Xiaomi Corp. and the broader lineup of Samsung Electronics Co.
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