HTC’s fate has seemingly been in limbo since the middle of 2015. Over the past 18 months, HTC has not to post a profit in its 6 most recent quarters. While HTC still has cash on hand to keep the keep its production lines humming, fewer and fewer people have been compelled to pick up an HTC phone.
Unfortunately, things took a turn for the worst this weekend. A rumor out of China claims that HTC is putting a plan into motion which would allow the company to offload its smartphone business in early 2017. The source of the rumor doesn’t have any concrete evidence to back up the claims, but insists that there are four potential buyers who many be interested in HTC’s smartphone manufacturing business.
HTC typically does not comment on rumors or speculation, but the company released a statement on Weibo, denying all allegations.
There’s no denying that HTC is stuck in a tough spot. Even though we’ve always been optimistic in regards to HTC’s future, we’re just not convinced that HTC is ready to throw in the towel. The HTC 10 was regarded as one of the best smartphones of 2016 and the HTC-built Pixel is praised as being the best Android smartphone ever built.
That being said, HTC’s future is currently directly related to its smartphone business. With a solid foothold in the VR space, HTC could be looking for a clean break which would allow the company to focus on a more prosperous future.
Source: MyDrivers
Let’s say this does happen, what does that mean? Would it be a complete overhaul of HTC as we currently know it and the new company would restock all the main departments with their people? In a couple/few years, will HTC be unrecognizable as we know them today? And maybe most important of all, will this necessarily be bad? I’ve been with HTC since the Hero and I believe they’re they best phone manufacturer for what I need, but I’ve still had my gripes. Maybe this new company could just inject new ideas and build upon what they’re being given, which is a great product. Let’s just hope this returns an even better end product.