HTC scales back production lines as cash flow worsens

Taiwanese smartphone maker HTC has halted at least one of its four main manufacturing lines, accounting for at least a fifth of total capacity, and is outsourcing production as a sales slump puts pressure on its cash flow, according to sources with direct knowledge of the

via Business feed http://www.scmp.com/business/companies/article/1338057/htc-scales-back-production-lines-cash-flow-worsens