A couple of weeks after we reported on five senior departures from HTC, Business Week reports that the company’s COO Matthew Costello has also gone.

Chief Operating Officer Matthew Costello stepped down after less than three years at Taiwan’s biggest smartphone maker amid slumping sales that have pushed down shares 76 percent in the past two years …


HTC’s market share has more than halved since 2011 to 4.2 percent, though its HTC One handset has been extremely well-received, with a stock version likely to further boost sales later this month.

About the Author

Ben Lovejoy's favorite gear