The 1,500 employees who will be affected are part of the company's manufacturing operations in Taiwan, and the layoffs are scheduled to be completed by the end of September, HTC said.
As noted by Reuters, HTC once sold one in every ten smartphones globally, but recent years have seen the division's sales dwindle in the face of competition from Samsung, Apple, and increasingly popular Chinese brands.
"Today HTCannounces plan to optimize the manufacturing organizations in Taiwan".
In the first quarter, HTC posted a net profit of NT$21.1 billion, compared with a net loss of NT$9.8 billion in the previous quarter, with earnings per share of NT$25.70.
1 dead, multiple injured in Bahamian boat explosion | Staff
Coast Guard Southeast reported it assisted the Royal Bahamas Police Force on Saturday after receiving a request for help. Chester Cooper , a member of parliament for Exumas and Ragged Island, confirmed that the deceased was an American woman.
GM warns against potential vehicle tariffs
Hearings are now scheduled for July on the issue, with June 29 being the last day to file comments on the proposed tariff. Some analysts suggested the auto tariffs are meant to pressure Mexico into renegotiating the NAFTA trade pact.
Hence, it should come as no big surprise that the Taiwanese maker of mobile handsets and VR headsets is now looking to lay off a whopping 1,500 employees in a last-ditch effort to "more effectively and flexibly" manage resources going forward.
Under the $1.1 billion deal with Google, the USA tech giant took on half of HTC's research and development staff - about 2,000 people.
The job cuts are part of a "realignment of resources" across the organisation, the company said in a statement.
Prior to that, HTC's then president of smartphone and connected devices, Chailin Chang, tendered in his resignation with immediate effect after the deal between HTC and Google was concluded. "They are not a significant contender within the smartphone space", said Tuong Nguyen, a Gartner analyst.
Costa Rica was in danger of becoming the first team since Algeria and Honduras in 2010 to leave a World Cup without a goal. And Ruiz was then denied the chance to end his global career with a goal as his spot-kick flew in off Sommer's bonce.
England scored eight goals in their opening two matches, beating Tunisia 2-1 with a late Kane goal before thrashing Panama 6-1. With the exception of national team legend Zlatan Ibrahimovic, no one's talking about Sweden as a favourite to win the title.
Fellow conservative commentator Beck retweeted O'Reilly's comment, adding that he believes Ocasio-Cortez seems "genuine". She defeated Crowley, who had been in office for 14 years, and said on Twitter she appreciates Beck's "good faith".
It's going to be a one-stop shop for the best Amazon Prime Day deals without you having to trawl through the listings. More than 40 million items were ordered globally from small and medium-sized businesses past year , Amazon said.
Worrying predicted of heavy rains later this week mean rescuers must scramble to shuttle help and supplies to the stranded kids. Shamans and Buddhist monks held prayers and gave offerings at the cave imploring mountain "spirits" to return the boys safely.
In addition to Federer's Nike RF logo, the logo on the right shoe has the No. 8, reflecting how many Wimbledon's he has won. Federer's deal with Nike expired in March, and his new look is a major switch for the tennis world.
Gareth Southgate's side came through Group G in second place after beating Tunisia and Panama but losing narrowly to Belgium. Goal-scoring chances likely will be at premium, which leads us to believe this will be a hard-fought, but low-scoring, game.
Federer wore Nike shoes for the Wimbledon opener, and may continue to because Uniqlo doesn't make tennis shoes. The good thing is it's not theirs forever". "In a short period of time, it will come to me".
The Costilla County Sheriff's Office on Saturday said a man was being held on suspicion of arson in connection with the fire . However, some people living in a few homes closest to the fire were not allowed to return Friday night.
If Chelsea signal they could move on price by accepting a player, it will offer encouragement to Willian's suitors. Chelsea are open to selling Willian to Barcelona to help fund their own summer transfer business.
But a source from the morgue said when his colleagues loaded bodies into the fridges one staff member returned to check on them. The woman, who had suffered serious head injuries, was rushed to Leratong Hospital in nearby Krugersdorp, where she remains.
Los Angeles will still be there, calling, winking, tugging at his heartstrings the way it clearly has for years. Rumor: The Lakers could be more aggressive in their pursuit of Cousins with Paul George off the board.
Trump touts economy in spite of ‘unfair’ trade deals
General Motors warned last week, for example, that retaliatory duties from other countries could force it to cut jobs in the U.S. If EU countermeasures on automotive tariffs take the same approach as those on steel, they will amount to around €10 billion.
LeBron James OK'd Stephenson signing beforehand
After choosing to not opt in to his contract Friday, James was spotted landing at a Los Angeles airport early Saturday morning . The most obvious name thus far hasn't been a free agent, but a guy under contract and unhappy with the San Antonio Spurs .
Maryland newspaper says it received threats after shooting
The White House did not immediately respond Monday to a request for comment. "It's just as important as any other tragedy". The five killed were Rob Hiaasen , 59; Wendi Winters , 65; Rebecca Smith , 34; Gerald Fischman , 61; and John McNamara .
Chris Paul Agrees to Re-Sign With Houston Rockets
Ariza, who turned 33 on Saturday, made $7.4 million previous year , his fourth season of his second stint with the team. The expectation always was that Paul would return to Houston given all the success the team enjoyed last season.
Bron: James agrees to 4-year contract with Lakers
If he's really playing the long game here then he's setting himself up to one day make over $200 million through his early 30s. According to multiple sources, Nikola Jokic will sign a max deal with the Denver Nuggets , worth $148m over five years.
LeBron James to join Los Angeles Lakers in $154m deal
According to The Ringer's Kevin O'Connor , the Spurs have received underwhelming trade offers from the Lakers. McGee and the Lakers reached agreement on a one-year deal worth the minimum, league sources told ESPN .
German Interior Minister Horst Seehofer in CSU divisions
But criticism and doubts were voiced quickly by other parties and groups, suggesting Merkel may only have won a temporary respite. Seehofer wants to turn some migrants away at Germany's borders, and Merkel insisted on a European-wide solution.
Collins would oppose court pick with Roe v Wade 'hostility'
Possible nominees being eyed include Thomas Hardiman, who serves alongside Trump's sister on the Philadelphia-based 3rd U.S. A sign that the White House is also focusing on these Democrats: Sen. "I think the president's list is a very strong list".
Rajon Rondo agrees to 1-year, $9M deal with Lakers
During his exit interview, Randle said he hoped to remain with the Lakers, and that was a sentiment head coach Luke Walton echoed. Next up, Los Angeles had to figure out what to do with its biggest restricted free agent: Julius Randle .
Re Susan Collins' comment on Supreme Court appointment
White House spokeswoman Sarah Huckabee Sanders said Monday that White House Counsel Don McGahn will lead the overall process. And Justin Clark, the director of the Office of Public Liaison, will oversee White House coordination with outside groups.