Peter Chou is out as CEO of HTC, and chairperson Cher Wang is his replacement. Chou will "transition to a strategic new role leading future product innovation" as head of HTC's Future Development Lab. Wang co-founded HTC in 1997, and in 2013 Chou handed her more of his CEO responsibilities in what was said to be a temporary move. She will also retain her chairperson responsibilities. "As an entrepreneur at heart, I am excited to see so many new opportunities, and I am honoured to accept this opportunity to help shape the next stage of HTC's development," Wang said in a statement.
Wang takes the reins at a period of transition for HTC: its last two flagship smartphones have failed to sell well despite general acclaim, the upcoming One...
HTC replaces Peter Chou as CEO with Cher Wang
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