At times it’s hard to believe that I’m actually typing this but yes, HTC is suffering badly. They made a profit of T$11bn last year but have managed just T$1bn this year – that’s £21million and a 90% drop.
With Mobile World Congress just around the corner, many will be eagerly watching out for HTC announcements. The HTC One series handsets, launched almost a year ago, had all the right ingredients but have struggled against rival handsets from Samsung. Other competitors such as Huawei, Motorola and Google themselves (via LG) have also made inroads.
Link – HTC