Sunday, May 27, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Takes The Lead Over Amazon in Smart Speaker Market
FBI Says Reboot Your Router to Stop Malware Infecting 500k Devices
ASUS Chromebox 3 Series Coming in July
U.S. to Impose Fine, New Management to ZTE to Keep it in Business
Facebook Keeps Working on In-house Chip Designs
AMD Increased GPU Market Share in Q1
Seagate's New VR Power Drive Adds Capacity and Extends Battery Life of the HTC VIVE Focus VR Headset
Samsung Should Pay Apple $539 million in Patent Retrial
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
Seagate's New VR Power Drive Adds Capacity and Extends Battery Life of the HTC VIVE Focus VR Headset
HTC U12 Plus Comes With Pressure-sensitive Buttons and Dual Front Cameras for $799
HTC Wants to Expand the Blockchain Ecosystem With the 'Exodus' Phone
HTC U12+ Expected in May
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

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 .