Thursday, March 22, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony Announces Pricing and Availability for A8F BRAVIA OLED TVs and 85" Class X900F and X850F Series 4K HDR TVs
New Samsung Exynos 7 Series 9610 Mobile Processor focuses on Multimedia
Google to Develop Its Own Blockchain-Related Technology
Zuckerberg Apologizes For Cambridge Analytica Scandal, Outlines Steps to Protect Users' Data
Mediatek Says There Are No Talks With Broadcom
Seagate Says Its MACH.2 Multi Actuator Technology Breaks Throughput Record, Announces HAMR Reliability Tests
New Apple Watch Bands Feature Spring Colors and Styles
European Commission Proposes Measures to Ensure Companies Pay Fair Tax in the EU
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.

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
VIVE FOCUS Coming To International Markets Later This Year
HTC Vive Pro HMD Costs $799, Price of Vive Reduced to $499
HTC Pixel team is Now Part of Google
HTC U11 Eyes Comes With Dual front Cameras and Large Battery
CES: HTC Upgrades VIVE PRO And Unveils Wireless VIVE Adaptor
HTC Opens Pre-orders for Vive Focus VR
PlayStation VR Leads Virtual Reality Headset Market
Vive Announces Vive Wave Open Platform and Vive Focus, Its Standalone VR device For China
HTC Announces U11 Life and U11 Plus Smartphones
HTC U 11 Plus is Coming Next Month
Google Officially Acquires Part of HTC's Smartphone Team
HTC Expected to Announce Deal with Google

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .