HTC has reportedly halted production at one of its four main smartphone manufacturing lines that account for about one fifth of the overall capacity, in the midst of worsening cash flow.
The Taiwanese smartphone maker is also outsourcing production of its devices, according to Reuters.
Reuters reporter said that the loading docks at HTC’s factory at its former headquarters in Taoyuan were shuttered.
"Lobby is temporarily closed for use. Thank you for your co-operation," locked lobby door noted.
HTC reported its first ever loss of $101.3m (£62m) during the third quarter of the year, since the announcement of its IPO over a decade ago.
During Q3, sales at the Taiwanese smartphone maker dropped by a third, mainly hit by tough competition in the smartphone market, supply chain restrictions and internal chaos.
According to assessment from IDC, HTC also reported drop in its share of smartphone shipments to 6 million units during the quarter, which gives it a share of 2.3% in the global market of 260m smartphones.
Recently, HTC introduced the new One Max fingerprint phablet, which is the latest of its flagship One series of handsets during the year, while was not able to make its stand in a market ruled by Apple and Samsung.
