HTC logo 2016

HTC co-founder Peter Chou has left the company

It has emerged that HTC co-founder and long-time CEO Peter Chou has left the company. Chou’s position within the business had been uncertain for some time, and he now has no formal role within the company.

Back in March 2015, Chou was replaced as CEO by another HTC co-founder, Cher Wang. It was then announced that Chou would instead head up the company’s Future Development Lab.

However, in August last year Chou became an executive director at the visual effects company Digital Domain. At the time HTC said that he would still continue to work for them, in addition to his new role.

It has now emerged that Chou actually left HTC back in September last year. But although he is no longer an employee of the Taiwanese company, he still acts as a ‘honorary advisor’.

HTC was once one of the leading smartphone manufacturers in the world, and looked capable of going head-to-head with the likes of Samsung and Apple. More recently, though, the company has struggled, posting a series of disappointing financial results.

There are hopes of a rival at HTC, following the considerable excitement that has surrounded the launch of its Vive virtual reality headset. The company’s 2016 flagship Android smartphone, the HTC 10, has also been positively received.

[via Android Authority]