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Struggling Smartphone Maker HTC Names CFO As Head Of Sales

Taiwanese smartphone maker HTC Corp has named current CFO Chialin Chang as global head of sales, according to a statement released by the company on Monday. In the most recent quarter, HTC posted its first-ever quarterly loss, while earlier this month it reported its 25th consecutive month of declining year-on-year sales. The company also saw a wave of executive departures earlier in the year and is undergoing structural changes in response to slumping revenue.

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