Exclusive: HTC scales back production lines as cash flow wor

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    Anonymous

    Technology News

    Customers look at HTC smartphones in a mobile phone shop in TaipeiBy 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. …


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