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Gartner lists HTC in 8th place in global cellphone sale race
According to the latest numbers from Gartner, HTC is now ranked as the 8th largest global phone manufacturer having sold 9.3 million mobile phones for a 2.2 percent market share. The good news is that HTC showed an increase in sales during Q2, up from 7.7 million units (1.8 percent market share). Unfortunately, the launch…
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HTC’s Peter Chou: “We are coming back”
HTC has been struggling to keep up with Samsung and Apple, but its CEO, Peter Chou, is fired up and looking to motivate his employees to cut through any internal bureaucracy to make sure that the company can regain its position in the smartphone sector. A company-wide email titled “We are coming back” from Peter Chou was leaked…
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Will your HTC handset be updated to Android 4.1? Here’s what we think
Update 11.13.12: HTC has announced that phone running on 512 megs of RAM or less will not be updated to Android 4.1. HTC specifically named the HTC Desire C and HTC one V, but other handsets from 2011 will most likely be effected as well. Last fall we wrote a detailed article, highlighting which HTC…
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HTC sees 130% increase in sales in China in Q2 – plans to be China’s #2 smartphone maker by 2015
When news broke that HTC was pulling out of Brazil and South Korea, many thought that the company was on the retreat. But things are completely different in China. With new handsets like the HTC X720d and HTC Wind designed specifically for China, HTC has managed to grow its market share from 2.6% in Q1 to 6% in…
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Taiwan Central Bank proposes an HTC bailout
It’s no secret that competition in the smarthpone sector has had a devastating blow on HTC. Its market share has dropped, resulting in less than stellar quarterly earnings reports. In an effort to keep the company from collapsing, the Taiwan Central Bank Governor is asking its government to intervene. Taiwan suffered a huge 11.6-percent year-over-year…
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HTC announces its retreat from the South Korean market
HTC has announced that it is closing its sales office in South Korea and that it is pulling out of the country entirely, most likely due to slow sales. HTC’s move isn’t that surprising since they recently closed up shop in Brazil. The South Korean market has always been a tough place to compete, even…
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HTC reduced ownership in Beats Audio by 25% – remains exclusive mobile partner
In a surprising move, HTC has announced that it will be reducing its investment in Beats Audio by roughly 25%. The deal will cost $150 Million and will return 24.53% of the company’s shares back to Dr. Dre and Beats’ current CEO Jimmy Iovine. While the official press release talks about providing “Beats with more flexibility for global…