Will there be more cheap HTC mobile?

According to recent news, HTC would no longer manufacture entry-level devices.

I think for anyone who has been monitoring HTC handsets in recent years, it is clear that the manufacturer has always produced high quality phones. Now, Peter Chou, CEO of HTC, announced in an interview that the manufacturer does not intend to change this in the future. They don’t want to enter the price competition, so they will continue to keep the current quality of their smartphones, even if competitors launch mobile phones with similar knowledge cheaper. Following the newly outlined sales policy will certainly not be an easy task for a Taiwanese company in developing countries, but I would also like to increase their sales in this area.

Source: gsmarena.com