HTC executives respond to share price plunge Wang says it's absolutely only using HTC

Sina Science and technology news June 15 afternoon, HTC held a shareholder meeting today, the investment bank lowered target prices caused the stock price tumbled, the company's top managers, chairman Wang said optimistic view of future development, "not the iphone, absolutely only with HTC", and CEO Chou said that the company's fundamentals have not changed, 2011 is a good year, even for small shareholders to say "if you are worried, please do not invest." "The Goldman Securities Report, released in Friday, will remove HTC from the" Asia-Pacific Strong Buy "list, the target price from 1600 yuan to 1500 yuan (NT), so that HTC fell 2 consecutive days, the lowest today to 1085 yuan price.　　The market value evaporated by 135 billion NT dollars (about 4.683 billion USD). In this respect, HTC executives released confidence in the shareholder meeting today, chairman Wang said, 2010 company revenue and profit both hit a new high, this year's mobile phone shipments to break 50 million this time. Although the stock price tumbled, Wang still optimistic outlook, the operation of HTC confident. She stressed that the operation can not only look at the price level, to see the fundamentals, HTC is an effort, responsible company, and confidence shouted: "I do not use the iphone, I absolutely only with HTC." "Because HTC has been hit hard recently, small shareholders appear a little anxious, frequently asked whether the inventory, marketing, research and development costs are too high?" Chief executive Peter Chou said HTC is not the former HTC, marketing costs and international brand manufacturers are still low, is very efficient. "If you have doubts, you can not invest." "For foreign investment is not bullish," said Chou, "HTC to deal with the problem before the supply, grab stock to deal with." The current shortage of material crisis has passed, will be based on normal time to prepare, but some people do not understand, there will be some association, but in fact, the fundamentals of HTC did not change. He also said the company was not operating with stock prices, and he believed it was still a great year for 2011. (Wood)