Chou has overseen both the good and the bad time at HTC, having been at the Taiwanese manufacturer since its founding. Not only was the former CEO leading the company through the purchase and subsequent sale of Beats Electronics, but was also considered partially responsible for HTC lacking a solution to counter the threat from the likes of Xiaomi and Samsung.
While HTC has been making strides on its road to recovery, there have been several high-profile exits over the course of the year. Little is known about what Chou will be managing at the Future Development Lab, with HTC only stating that he will be "instrumental in identifying future growth opportunities for the Company."
In an official statement, Cher Wang said that she was looking forward to new opportunities in her role as CEO:
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Rich Edmonds was formerly a Senior Editor of PC hardware at Windows Central, covering everything related to PC components and NAS. He's been involved in technology for more than a decade and knows a thing or two about the magic inside a PC chassis. You can follow him on Twitter at @RichEdmonds.