HTC struggling

HTC has been struggling. It is even laying off some of its staff.

  • HTC has reported net profits of NT$3.9 billion (US$133.2 million) for the third quarter of 2012, down 56% sequentially and 82% on year. EPS for the third quarter was NT$4.7, compared...
  • HTC adjusts workforce

    Wednesday 25 July 2012
    HTC
    HTC has been adjusting human resources in its production, R&D, and sales teams. Industry sources believe corporate restructuring is necessary as HTC's sales have been declining...
  • HTC has amended its development strategy and is likely to slow down its acquisition plans after announcing that it has reached a deal of selling nearly half of its holdings in audio...
  • HTC+One
    HTC has faced tough competition in Europe and the US but has been seeing market share in China and India grow significantly in 2012. Nevertheless, growth of market share in these...
  • Nokia, RIM and HTC are expected to see their smartphone shipments, as well as market share, continue declining in the third and fourth quarters of 2012 due to a lag in migration to...
  • HTC has posted consolidated revenues of NT$30 billion (US$1 billion) for June, which were on par with May, according to a company filing with the Taiwan Stock Exchange (TSE). The...
  • HTC+chairwoman+Cher+Wang
    HTC will strengthen its deployment in retail channels globally so as to tide over its operating constrains it encountered recently, including increasing market competition, the temporarily...
  • HTC has reported lower than expected revenues of NT$30 billion (US$1 billion) for May, which represented a decline of 3.2% on month and 26.1% on year. HTC also lowered its sales guidance...
  • HTC plans to adjust its marketing strategy for North Asia and will shift its resources to focus on the fast growing smartphone market in Japan, while maintaining a basic operating...
  • HTC's second-quarter revenues will be seriously affected, as shipments of its two new models, the HTC One X and HTC EVO 4G LTE, to the US have been banned temporarily due to customs...
  • HTC saw its business operations slip significantly in the first quarter of 2012, a sequential decrease for the second consecutive time, according to the company's financial report.
  • HTC has reshuffled its management team again by appointing former Goldman Sachs Group partner Chia-Lin Chang as its chief financial officer, which is part of the company's strategy...
Categories: Mobile + telecom

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