Hajarbakis Blog

HTC made headlines recently as the phone company confirmed that it would be making the “world’s first major blockchain phone.” This phone is said to allow users to own their digital identity and is reported to cost around $1,000. The phone dubbed “Exodus” is still covered in a lot of mystery as we only have a blueprint drawing of this device. HTC has said that it is expected to release the phone before the end of this year and that more details will be provided in the 3rd quarter of this year. A new position was even created at HTC called the Chief Crypto Officer, and the new CCO did have a lot to say about the upcoming device. The CCO mentioned that the phone is an attempt to make data as secure and protected as they are in the blockchain. In summary the essence of the phone is: “We envision a phone where you hold your own keys, you own your own identity and data, and your phone is the hub.” Many consider this phone by HTC as an attempt to bring the company back to its glory ...

There is bad news at HTC. Things are going from bad to worse for this tech giants and the situation does not look like it is getting any better. According to news from Reuters , HTC is set to lay off about 1500 workers in their manufacturing plant in Taiwan. This number amounts to 25% of their global workforce. Before now, HTC had a global market share of 10% and they made great phones like the HTC ONE and Nexus One just to name a few. Even in 2017, the merk struck a $1.1 billion deal with Google for some members of the HTC team to work for search company. Despite this huge funds, they haven't been able to compete with the big guys like Samsung and Huawei. "Today HTC announces plan to optimize the manufacturing organizations in Taiwan ... This plan will allow more effective and flexible resource management going forward."-HTC The phone company has said that the layoffs are part of a plan which will be more effective and flexible as the company seeks to unite with V...