Saturday, February 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Draft Bill Focuses On Consumer Data Privacy
Uber Says Breach Affected 50K Drivers
Google Showcases Future Silicon Valley Headquarters
Lenovo Offers Free McAfee LiveSafe Following Superfish Security Concerns
Yahoo Gains Search Share
Twitter To Offer More User Safety Features
Google to Start Ranking Mobile-friendly Sites Higher
Qualcomm Extends LTE to Unlicensed Spectrum to Enhance Mobile Experiences
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 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
New HTC Flagship Phone Coming Next Month
HTC To Announce Next Flagship Smartphone in February Event
HTC Desire 826 Debuts At CES
HTC to Release Smart Wristband Next Year
HTC To Release New RE Action Camera Next Year
HTC Debuts RE Action Camera, New Desire Eye Selfie Phone
HTC Reports Thin Q3 Profit
HTC To Make Next Google Nexus tablet: report
HTC To Unveil Camera-related Product Next Month, Smartphone Plan Still Alive
HTC Announces The Desire 820 Smartphone
HTC Reveals Entry-level Desire 510 Powered By a 64-bit Processor
HTC One M8 for Windows Unveiled

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .