HTC boss Peter Chou has come out in defence of the company's purchase of Beats Audio last year, saying the move to shift outgoing CFO Winston Yung to another role has nothing to do with his leading role in negotiating the $300m.
Many now think the deal was a mistake, and point to the Yung announcement, plus the fact that HTC is backtracking on plans to bundle Beats Audio headphones with its handsets, as proof that things have gone sour. But Chou insists that's not the case at all.
“Media speculation that ties this announcement to HTC’s partnership and investment in Beats By Dre is categorically inaccurate,” Chou told Slashgear in a statement.
“HTC and Beats have made impressive progress in innovation and brand awareness and the integration of the Beats brand and technology in the new HTC One series is a clear indication of our commitment to this partnership.”
That said, Chou doesn't give us an alternative reason why Yung has been moved aside to be replaced by Chia-Lin Chang. He doesn't have to, of course, but if you really want to stop people jumping to the obvious conclusion, it helps to suggest another possibility.