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HTC Cell Phone News » Xiaomi takes the SoC from an $800 HTC phone and puts it in a $129 device

Xiaomi takes the SoC from an $800 HTC phone and puts it in a $129 device

Xiaomi takes the SoC from an $ 800 HTC phone and puts it in a $ 129 device
News from Ars Technica:

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Beleaguered phone maker HTC to cut 47 local jobs
News from The Seattle Times:

Struggling Taiwan-based mobile phone company HTC, whose U.S. headquarters is in Bellevue, will lay off 47 local employees as it cuts about 2,000 worldwide in a bid to sharply reduce costs.

Struggling Taiwan-based mobile phone company HTC, whose U.S. headquarters is in Bellevue, will lay off 47 local employees as it cuts about 2,000 worldwide in a bid to sharply reduce costs.

The local cuts take effect immediately, according to a notice to the state Employment Security Department. Last year HTC had about 300 employees in the region, including the Bellevue offices and a software design studio in Seattle.

The worldwide restructuring aims to cut staff by 15 percent and reduce operating expenses by 35 percent, Bloomberg reported.

Competition from Huawei Technologies and Xiaomi has spurred a de…………… continues on The Seattle Times

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