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HTC’s CEO and Chairwoman hints at future tablets and wearable devices

Monday 21 October 2013



In interview with the Financial Times, HTC CEO Peter Chou and Chairwoman Cher Wang offered some fresh insight into the troubled smartphone maker's future plans — including hints at entries into new product categories.

For future products, the HTC CEO and Chairwoman hinted at a return to the tablet market, as well as a possible entry into the world of wearables. Chou reportedly mentions that HTC worked on a smart-watch type device with Microsoft "several years ago," but dismissed the current crop of wearables: “It has to meet a need, otherwise if it’s just a gimmick or concept, it’s not for people’s day-to-day lives. That is an opportunity for us.” Nevertheless, he describes wearables as "a critical segment for us," adding “it matches what we do today as a mobile experience overall. That is one area we are excited about.”

Wang is quoted as saying, “when the [HTC] tablet comes out it will be something nice and disruptive.” But with strong competition from many of the major consumer electronics brands, HTC, as a smaller player with fewer marketing dollars to spend, could find its tablets facing issues similar to those affecting its smartphone business.

Chou, however, shares a more optimistic view: “The market is really big. HTC is a small company. For us to stay competitive and survive is not a huge problem.” He adds that there's a good chance of the company winning a 15 percent share of the high-end market, and a five percent overall smartphone market share — a figure he describes as a “pretty good number for us.”

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