Sunday, August 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
YouTube TV expands to new markets
Facebook Tests News Stories Customized to Users' Interests
Google Home Now Supports Free Calls
Asus Unveils the ZenFone 4 Pro, ZenFone 4, ZenFone 4 Selfie Pro, and ZenFone 4 Selfie
Nokia 8 Shipped With ZEISS Optics
Apple is Getting Serious in TV Shows and Film Prospect
Acer's New 4K Projectors Bring the Benefits of Cinema Home
Fiat Chrysler Joins BMW, Intel, Mobileye in Autonomous Driving Team
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > HTC Pos...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, October 08, 2012
HTC Posts Record Profit Drop Amid Competition


HTC Corp posted a record 79 percent drop in quarterly profit as competition from Samsung Electronics and Apple drove down sales of the Taiwanese company?s devices.

Third-quarter net income slumped to NT$3.9 billion ($133 million), the Taiwan-based company said in a statement today. Revenue fell 48 percent to NT$70.2 billion. The company on Aug. 3 forecast revenue of NT$70 billion to NT$80 billion. Operating income declined 76 percent to NT$4.9 billion, according to HTC.

HTC hoped that its presence at Chinese market would help the company's revenue, but it seems that the cmpany has faces stronger competition in China from unbranded (white box) phones.

Samsung last week reported record third-quarter operating profit, buoyed by continued gains by its Galaxy phones and tablets. The S. Korean company has sold more than 20 million units in the 100 days after its debut.

Apple sold 5 million units of its iPhone 5 in the first weekend after sales commenced in nine countries on Sept. 21.


Previous
Next
Polycom RealPresence CloudAXIS Suite Offers Advanced Videoconferencing Solution        All News        Congress Says ZTE, Huawei Open U.S. To Spying
T-Mobile To Sell Nokia Lumia 810 And LG Optimus L9 Smartphones     Mobiles News      Congress Says ZTE, Huawei Open U.S. To Spying

Get RSS feed Easy Print E-Mail this Message

Related News
HTC Continues to Report Losses
HTC U11 Takes Amazon Alexa On the Go
New HTC Launches the U11 Smartphone Let's you Squeeze it
New HTC Vive Audio Solution Coming This June
Vive Financing Program Expands to PCs and Graphics Cards
HTC Says New Companies Join The Vive X Accelerator Program
HTC VIVE Announces Pricing And Availability Of Vive Tracker And Vive Deluxe Audio Strap
HTC Takes VR lead in China
HTC To Bring VR To U Ultra Smartphone
HTC Unveils New U Play and HTC U Ultra Smartphones
HTC Vive 2 Coming At CES
HTC Launches Vive Studios, Debuts "Arcade Saga" Title

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .