Failed This Year

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HTC shut down at least one of the four main production lines

A Reuters correspondent in Taiwan found that HTC's factory working in Taoyuan, Taiwan, was closed and a "moratorium, thank you for cooperation" sign was hanging on the door. HTC's flagship HTC One failed this year to help it out of trouble, and it suffered from external supply of parts and internal unrest.   HTC reported its first quarterly loss this month and the company's operating cash flow fell to a negative 707.27 million dollars as of June. HTC has combined two production lines in the Taoyuan plant into one, with a 1 million reduction in cell phone capacity each month, sources said. Total production of Taoyuan plant ...

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