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October 23, 2013 05:20 am -04

HTC reportedly scales back production after slump in smartphone sales (update: HTC responds)

According to multiple reports, HTC has paused production on roughly a fifth of its total capacity and has been looking to outsource to contract manufacturers to save money. Reuters has seen parts of HTC's factories closed up, and reports that cash flow pressures have forced the smartphone maker to ...

Original Link: http://www.engadget.com/2013/10/23/htc-report-scale-back-production/?ncid=rss_truncated

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Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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