Cher Wang Replaces Peter Chou as CEO of HTC

Today, Cher Wang, formerly chairwoman of HTC will replace Peter Chou as CEO of HTC.

This move may seem unprecedented, but in practice it seems that Cher has increased responsibilities in terms of running HTC from day to day as Peter became more focused on product development and R&D. Given the change in focus in HTC from smartphones to connected devices, it seems that this has become one of the organizational changes that was deemed necessary to expand into new segments of the industry. In the near term, it seems that it's unlikely that anything will be noticeably different, but in the near future we may see a distinct shift in how HTC works.