Earlier today, we saw an article from Engadget with multiple sources leading us to wonder that HTC could be reducing or withdrawing itself from the manufacturing business due to a slump in revenue, but the company quickly responded to let Engadget know HTC has no such plans.
Several major news outlets are keeping tabs on HTC and have noticed some areas of our beloved’s manufacturing plants have been inactive and that execs have met with outside manufacturers to possibly sell some of its assets. A response from HTC’s Chief Marketing Officer’s to Reuters, explains that HTC is only exercising a universal technique to optimize production resources factored by consumer demand. Further clarification from an HTC outlet says that there are no plans to downsize HTC manufacturing resources.
“HTC is not shutting down nor does it have plans to sell any of its factory assets. HTC has a very strong balance sheet and will provide the latest financials in our upcoming earnings call to investors and the broader community.”
With the back and forth comments we’ve seen today, HTC reminds us that it still has a firm stance on manufacturing their own innovative products. A recent joint-interview with the top two execs at HTC, hints that the company could be gearing up to bring you a new line of wearable smart-devices like a smartwatch or Google Glass competitor and a unique tablet experience that others will surely want to follow.
HTC has noticed its competitors are entering a new era of smart-devices and plans to keep up with the trend or slide in front of their efforts with something yet to emerge.
What if HTC went along side the smartphone and created a line of sensors that pulled detailed information like your heart rate and pace from you throughout the day? What if these devices could pair with many phones across multiple operating systems? We already think HTC does an excellent job with accessories and could have a lot of success by targeting public regardless of the mobile phone in their pocket.
Sources: Wall Street Journal and Reuters via Engadget