PDA

View Full Version : Exclusive: HTC scales back production lines as cash flow worsens - sources



Wireless News
10-23-2013, 12:14 AM
http://l3.yimg.com/bt/api/res/1.2/4G6Tl94OJANqVWmrKOJpVw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-10-23T035717Z_1_CBRE99M0B0200_RTROPTP_2_CBUSINESS-US-HTC-PRODUCTION.JPG (http://news.yahoo.com/exclusive-htc-scales-back-production-lines-cash-flow-035717995--finance.html)By Clare Jim TAOYUAN, Taiwan (Reuters) - Taiwanese smartphone maker HTC Corp has halted at least one of its four main manufacturing lines, accounting for at least a fifth of total capacity, and is outsourcing production as a sales slump puts pressure on its cash flow, according to sources with direct knowledge of the situation. A Reuters reporter who visited an HTC factory at the company's former headquarters in Taoyuan, about an hour's drive from Taipei, saw loading docks shuttered and a sign on a locked lobby door that read: "Lobby is temporarily closed for use. ...



More... (http://news.yahoo.com/exclusive-htc-scales-back-production-lines-cash-flow-035717995--finance.html)