HTC chief promises good financial results next year

Taipei Times
Date: Jun 16, 2017
By: Lauly Li / Staff reporter, in Taoyuan

HTC Corp (宏達電) chairwoman and chief executive officer Cher Wang (王雪紅) yesterday vowed that the

HTC chairwoman Cher Wang yesterday speaks at a shareholders’ meeting in Taoyuan. Photo: Wang I-hung, Taipei Times

smartphone company would deliver good financial results next year, after posting consecutive losses over the past two years.

“I am really sorry that the company failed to be profitable. I have taken over the position of chief executive officer for two years now, and I believe that HTC can deliver satisfactory results for shareholders in the third year [next year],” Wang said at the company’s annual general meeting in Taoyuan.

Wang made the remarks in response to questions by more than 15 shareholders on when HTC could swing back into black and distribute dividends.

“All we care about is HTC’s profitability and stock price performance. How much longer do we have to wait? And what are your strategies for operations to pick up?” asked an 80-year-old shareholder, who said he used his pension to buy 5,000 HTC shares at more than NT$800 per share in 2012.    [FULL  STORY]

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