The past month has been a tough one for HTC, raising concerns about its future. According to Bloomberg, the company is reportedly exploring strategic moves, including the possibility of selling off or fully divesting its Vive virtual reality division. Meanwhile, Taiwan's "Business Times" reported that HTC has already engaged in talks with Google regarding the potential sale of its mobile phone business, with the deal nearing completion and expected to be finalized by year-end. In addition, Tencent Technology recently highlighted that HTC's smartphone market share has plummeted to just 0.68%, drawing comparisons to the fate of Nokia.
As anticipation builds, HTC is set to host an internal staff meeting on Thursday, September 21st, at 10:00 AM. The event will be led by CEO and Chairman Cher Wang, who is expected to provide insights into the company’s future direction. According to internal communications, only employees based in Taipei will be invited to attend in person, while others can join via live stream through myHTC.
The notice sent to employees reads:
"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
According to reports from Tencent Technology, HTC shares will be suspended starting from September 21st. Additionally, the "Business Times" noted that Chairman Wang has been spotted at the new headquarters, and the first-floor hall of HTC’s main office has been cordoned off for upcoming events.
Some sources speculate that Wang may announce the acquisition of HTC's smartphone R&D business during tomorrow’s meeting. However, the details remain unconfirmed, and the true outcome is still uncertain. As the tech world watches closely, this could mark a pivotal moment in HTC's ongoing transformation.
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