HTC Names New Head for China Division
Struggling smartphone manufacturer, HTC has confirmed that Jack Tong, its North Asia general manager, will become president of the company’s China division with immediate effect.
He is replacing Ray Yam, who will remain with the company but is likely to be shifted towards handling new business instead.
Yam had been running the HTC business in China since 2011, but despite a splurge on marketing, the company has seen its market share remain flat — which is actually an improvement on its performance elsewhere in the world, where sales have dropped.
The new China boss, Jack Tong takes over this week, and will also retain his role as head of the North Asia division.
China’s smartphone market accounted for 20-25 percent of HTC’s total shipments last year.