The past month has been a tough one for HTC, raising concerns about its future. According to Bloomberg, the company is reportedly considering strategic changes, including the possibility of selling off its Vive VR division—either fully or partially. Meanwhile, Taiwan’s "Business Times" reported that HTC has already begun discussions with Google regarding the potential sale of its mobile phone business, with the deal reportedly close to finalization before the end of the year. In addition, Tencent Technology highlighted that HTC's mobile market share has dropped to just 0.68%, a figure that has sparked comparisons to the decline of Nokia.
As speculation continues, HTC is set to hold an internal meeting on Thursday, September 21st, at 10:00 AM. The event, known as the 2017 Town Hall Meeting, will feature remarks from CEO and Chairman Cher Wang, who is expected to provide updates on the company’s direction. While only employees based in Taipei are invited to attend in person, all other staff members can join via live stream through myHTC.
According to sources, the company has already sent out invitations to its employees, outlining the details of the meeting:
"Dear HTC Family,
The HTC 2017 Town Hall Meeting will take place this Thursday, September 21st. Chairwoman and CEO, Cher Wang, will share the latest updates and her perspectives on the company. Due to venue capacity, only employees based in Taipei are invited to attend in person. All other offices’ employees are welcome to participate via live streaming on myHTC.
Date: Thursday, September 21st, 2017
Time: 10:00 to 11:30 GMT+8 (Seating area opens at 09:30)
Venue: 1F/2F concourses (TPE 1, Xindian, Taiwan) or online on myHTC."
In addition, Tencent Technology reported that HTC shares will be suspended starting on Thursday, September 21st. According to the "Business Times," Cher Wang was recently seen at the new headquarters, and the first-floor hall has been cordoned off for upcoming activities. Some insiders believe that the chairman may announce the acquisition of HTC’s handset R&D business during the meeting, though the details remain unconfirmed.
With rumors swirling and key decisions potentially on the horizon, the coming days could mark a pivotal moment for the once-dominant smartphone brand. Whether this marks a turning point or another chapter in its decline remains to be seen.
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