Menu
HTC investigates three employees for stealing company secrets

HTC investigates three employees for stealing company secrets

HTC said the alleged crimes would have no impact on the company

Three HTC employees are under investigation in Taiwan for allegedly leaking company secrets and embezzling money from the smartphone maker.

The Taipei District Prosecutors Office said Friday it is investigating two managers and an engineer with HTC's design department following a complaint by the company.

The prosecutor's office was unavailable Monday for further comment on the investigation. Reports from the Taiwanese press said among those being investigated is reportedly HTC's vice president of product design Thomas Chien, who helped lead development for the company's flagship phone, the HTC One.

Chien has been working at HTC for 12 years, according to a company blog post he wrote in February, where he praised its latest flagship phone for its all metal design. Chien could not be immediately contacted for comment.

HTC declined to comment on the investigation. It said in a Monday stock exchange filing, "the company has sufficient resources in our design team and this situation will not impact the company's operations, product portfolio plans and our overall business performance."

The investigation represents another blow to the Taiwan-based smartphone maker at time when it has been struggling to lift its product sales. The company's second quarter net profit was down 83 percent year-over-year, the latest in a string of weak financial earnings. But HTC executives believe the company can bounce back by releasing new products later this year. In addition, HTC has also launched a new marketing campaign starring Hollywood actor Robert Downey Jr.

HTC declined to comment on the three employees investigated and if they were still with the company. In 2011, HTC lost another design executive, Horace Luk, who resigned from his post as chief innovation officer.


Follow Us

Join the newsletter!

Or
Error: Please check your email address.

Tags mobilesmartphonesAndroidhtcconsumer electronics

Featured

Slideshows

Bumper channel crowd kicks off first After Hours of 2018

Bumper channel crowd kicks off first After Hours of 2018

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Jefferson in Auckland to kick-start 2018. Photos by Gino Demeer.

Bumper channel crowd kicks off first After Hours of 2018
Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Show Comments