Tags: HTC
HTC reports first ever quarterly loss
HTC, due to Apple and Samsung dominance and the proliferation of cheap smartphones from China, saw its market share decline to just 2.8%.
HTC lays off U.S. workforce, shares tumble
HTC Corp. had cut the number of its US based workers, a move which the company referred a streamline on its operations after a period of growth.
Beats to buy out HTC
Beats spoke with unknown investors to buy out HTC's minority stake. The Wall Street Journal quoted an anonymous source about Beats Electronic buying out its minority stakeholder Taiwan's HTC.
Beats Electronics to launch Spotify contender, itching to drop HTC
A Wall Street Journal report said that Beats Electronics is planning a major buyout of HTC and generate funds to expand its newest digital streaming business Beats Music.
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Verizon's HTC One launch was moved to August 15 from August 1. The launch of HTC One was pushed back to August 15, according to Droid-Life. The site published what it claimed to be an internal document.
HTC was considered as the "biggest victim" by an industry analysis from Citi. It is close to impossible for HTC to perform a comeback after losing horribly in the global smartphone race, according to analysts in the industry.
Paul O'Brien developed an app that enables HTC One users to switch between Sense and Google Experience.
Huawei is set to reach its target of 10% revenue growth for this year, analysts reported. Huawei's midyear report suggests that the Chinese company is set to hit its target mark of 10% revenue growth this year.
HTC estimated that the company might post a negative earnings report on the third quarter. HTC's first loss was a long time coming. Investors have been wary of the Taiwanese company's downward spiral.
Recent quarterly reports said that HTC declined for the 8th consecutive quarter. After a failed attempt to promote its business, HTC Corporation forecast a huge decline in its latest quarterly report.
Apple and Samsung's combined shares plunged while new smartphone makers showed growth. According to International Data Corporation, a research firm, Apple and Samsung's combined share of the international smartphone market plunged to 43% in the second quarter.
Apple reported a 14% decline on its sales in China due to the increasing popularity of cheaper android phones and local brands.
Google would spend more than US$500 million to market Moto X and begin its separation from the android pack.
Analysts lowered their earnings and sale estimates for Apple after the losses incurred by the other tech giants.