HTC shutters Seoul offices after poor South Korean sales
07/30, 4:26pm
Office closure follows Brazilian market withdrawl
HTC has closed its offices in Seoul following lackluster handset sales in South Korea. The Taiwanese phone manufacturer claims the efforts are to "streamline operations" and to focus on selling its One range of handsets to customers in markets where HTC is more popular. It is not known how many employees will lose their jobs at the offices, although reports suggest HTC is encouraging affected employees to apply for other in-house vacancies.