Exclusive: HTC scales back production lines as cash flow worsens - sources

By Clare Jim TAOYUAN, Taiwan (Reuters) - Taiwanese smartphone maker HTC Corp 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 situation. A Reuters reporter who visited an HTC factory at the company's former headquarters in Taoyuan, about an hour's drive from Taipei, saw loading docks shuttered and a sign on a locked lobby door that read: "Lobby is temporarily closed for use. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/exclusive-htc-scales-back-production-lines-cash-flow-035717995--finance.html