HTC is having a very hard time on the market right now. Its current high-end smartphone, the HTC One M9 has proven to be unpopular with buyers sending HTC stock plummeting. The poor showing for the new M9 led HTC to a Q2 loss, breaking a string of profits spanning the previous four quarters.

HTC CEO Cher Wang is looking to turn the company back into profitability with a new smartphone . She didn’t offer much in the way of details, but promised shareholders that the company was working on a new “hero” device to bring the company back into the black.
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https://www.slashgear.com/htc-o2-smartphone-rumors-hinting-at-snapdragon-820-19398201/