HTC's CEO Peter Chou was very much under pressure recently after HTC posted its first quarter loss since the Taiwanese smartphone maker went public. As it seems now, Chou and the HTC top management realized it that Chou had his hands in way too many areas and therefore HTC's co-founder and chairwoman Cher Wang jumped in and has increased her operational role to lighten the load on Peter Chou. According to a Financial Times report, Chou said "I have become very focused in the past couple of months. Before that I was too busy" and continued "I took on too many things. I need to be more focused on innovation and product portfolio."
Chou, who's very passionate about HTC smartphones is now supported by by Wang who's expanding duties now and working six days a week, rather than two, as before. While it's said that this change in responsibility is temporarily only, Wand has overtaken responsibilities for HTC's marketing, sales, and relationships with suppliers. As noted in the report, Chou will concentrate on future product development.