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Chou resigned as HTC CEO in September last year, with Cher Wang taking over the role

Owner Peter Jones is understood to have made unsuccessful attempts to sell the business in recent years

May was best month so far in 2016 for manufacturer, who has reported revenue of £587 million from January to end of May

The service and repair company is understood to have beaten rivals UTL, Brightstar and DHL in the tender

The wearables market is forecast to be worth $25 billion by the end of next year, but while the outlook is prosperous, there are hurdles to overcome to ensure it reaches its potential

Huawei has already confirmed support for new platform, which was announced at Google I/O

HTC launched its latest flagship device last month on April 12

HTC claims its latest flagship, the HTC 10, can withstand sub-zero temperatures. With help from our colleagues at Whatmobile.net, we tested the Huawei P9 after the Chinese manufacturer made a similar claim. This week Mobile News TV and What Mobile put the HTC 10 on ice.

Taiwanese manufacturer posted revenues of £315 million for three months to March 31, compared with £883m last year

Reports in Taiwanese media claim the manufacturer’s new division will focus mainly on VR on the back of the success of the Vive headset