Founded in 1997, HTC Corp originally made notebook computers, but entered the smartphone market, and at one point in 2011 it was the largest smartphone seller in the US, holding 24 per cent, compared to Samsung’s 21 per cent and Apple (20 per cent), but its market share has subsequently fallen sharply.
Smarting from growing losses, Taiwanese phone maker HTC says it will expand its range of cheaper products as it fixes off-target marketing for its premium smartphones.Tuesday, 11 February, 2014, 1:16am
Taiwanese smartphone maker HTC has signed a patent and technology collaboration agreement with Finnish phone giant Nokia to end all pending patent litigation between them.10 Feb 2014 - 5:19am
HTC said an updated version of the One smartphone, its first wearable device, and a renewed focus on marketing will help turn the company around this year after two consecutive annual declines in revenue.7 Feb 2014 - 2:39pm
The group that owns thousands of former Nortel Networks patents filed a barrage of patent lawsuits on Thursday against mobile-phone manufacturers including Google, the company it outbid in the Nortel bankruptcy auction.2 Nov 2013 - 2:58am
Taiwanese smartphone maker HTC has halted at least one of its four main manufacturing lines, accounting for at least a fifth of total capacity, and is outsourcing production as a sales slump puts pressure on its cash flow, according to sources with direct knowledge of the situation.24 Oct 2013 - 2:40am
Taiwanese smartphone maker HTC, which posted a first quarterly loss last week, says the next two months will be its "biggest challenge" as it tries to win sales from Apple and Samsung Electronics.8 Oct 2013 - 3:28am
Taiwan's HTC slid into the red for the first time in the third quarter, with sales hit hard by fierce competition in the smartphone market, supply-chain constraints and internal turmoil.5 Oct 2013 - 2:10am
HTC laid off around 20 per cent of its US-based staff in what it called a move to streamline its operations after a period of growth, sending its shares tumbling on Monday.
The struggling Taiwanese smartphone maker said it laid off 30 employees on Friday to “optimize our organisation and improve efficiencies after several years of aggressive growth”.16 Sep 2013 - 11:20am
Taiwanese prosecutors are investigating allegations that three employees at leading smartphone maker HTC stole trade secrets to sell to Chinese firms, reports said on Saturday.1 Sep 2013 - 5:06am
After peaking in 2011, HTC's stock has plunged 88 per cent as the Taiwanese company lost market share to industry leaders Samsung Electronics and Apple. Now, Chinese vendors including ZTE, Lenovo Group and Huawei Technologies could zero in on the US$4.2 billion company as a takeover target to help them gain technological know-how and a still well-regarded and recognised brand as they expand in mobile devices, according to Sanford C Bernstein.26 Aug 2013 - 5:15am