HTC CEO Peter Chou will relinquish his roles in sales, management and dealing with suppliers to co-founder and Chairwoman Cher Wang to concentrate on product development at the struggling Taiwanese smartphone maker, according to a published report. Another co-founder H.T. Chou is said to have returned to HTC to lead up some phone projects. The report also quotes Peter Chou as saying HTC believes strongly in the wearable computing segment but will not put out "just a gimmick or concept" device.
CEO steps back a bit as HTC shuffles duties at the top
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