Tue, Nov 20, 2012 - Page 13 News List

HTC chairwoman rebuts report on CEO

Staff writer, with CNA

HTC Corp (宏達電) chairwoman Cher Wang (王雪紅) yesterday denied a local media report that claimed she had asked HTC’s chief executive to improve the company’s struggling operations within six months after it posted disappointing results.

Wang issued a statement saying she “totally trusts, authorizes and supports HTC CEO Peter Chou (周永明), whose achievements and abilities are undoubted.”

The weekly Next Magazine report was “groundless” and severely harmed Wang’s longstanding friendship with Chou, the statement said.

Wang added that HTC chief financial officer Chang Chia-lin (張嘉臨) was appointed by Chou, dismissing the report’s claim that she appointed Chang to replace former CFO Winston Yung (容覺生) to improve the smartphone maker’s poor financial performance.

Furthermore, Wang said Chou had led the negotiations for HTC’s recent settlement with Apple Inc and asked Grace Lei (雷憶瑜), HTC’s general counsel, to draft the agreement.

Chang was not involved in the settlement, she added.

Given that the magazine did not verify its report with HTC via an official channel, the smartphone vendor said it has filed a complaint with a district court in Taipei against the magazine for defamation.

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