Founded in 1997, HTC Corp originally made notebook computers, but entered the smartphone market, and at one point in 2011 it was the largest smartphone seller in the US, holding 24 per cent, compared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.


Taiwan’s high society heirs and heiresses – whose family includes the likes of YC Wang, Terry Gou and Tsai Eng-meng – might take a more low profile approach to wealth, but that doesn’t mean their lives aren’t filled with bling

The virtual reality headset maker is also introducing two advanced models for precise gaming and business customers


Hong Kong’s maverick deal-maker Charles Chan Kwok-keung is planning to sell his stake in Television Broadcasts Limited (TVB) and step down as chairman of the city’s dominant free-to-air broadcaster from next month amid concerns about its business outlook.


Taiwan's flagship smartphone developer HTC is dialling into the mainland's middle-tier market to rebuild its global brand after a long decline, but industry analysts warn of stiff competition from lower-priced, similar-quality local brands.

Once a star of the intensely competitive smartphone sector, Taiwan's HTC has seen its fortunes collapse in recent years - but the success of its latest model provides a glimmer of hope.

Taiwanese phone maker HTC said its new flagship smartphone, the One M8, was selling quicker than its predecessor, and that the strong showing would help it claw back market share in developed markets such as the United States.

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.

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.

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.

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.

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.

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.

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.

HTC reported a 93 per cent surge in revenue in 2010, said last month that it expected zero profit or a loss of up to 8 per cent by the end of next month.