Breaking News

JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion Sharkoon announces SKILLER SGK50 Wood Series TAMRON announces Ultra Wide-Angle 16-30mm F2.8 G2 Zoom Lens New Lexar ES5 Magnetic Portable SSD is A Game-Changer for Creators On-the-Go COLORFUL Launches iGame GeForce RTX 5050 Series Graphics Cards

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

HTC Posts Record Profit Drop Amid Competition

HTC Posts Record Profit Drop Amid Competition

Smartphones Oct 8,2012 0

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.

Tags: HTC
Previous Post
Polycom RealPresence CloudAXIS Suite Offers Advanced Videoconferencing Solution
Next Post
Congress Says ZTE, Huawei Open U.S. To Spying

Related Posts

  • HTC Unveils The Privacy-focused EXODUS 5G Router

  • HTC Launches the Mid-range U19E and HTC Desire 19 Plus Smartphones in Taiwan

  • MWC: HTC Unveils New 5G Mobile Smart Hub

  • HTC Unveils the Mid-range Desire 12s Smartphone

  • Sprint and HTC to Release 5G Mobile Smart Hub in First Half of 2019

  • HTC Remains Committed to the Smartphone Business

  • HTC Inverstigates Incompatibilities of Vive Wireless Adapter With AMD Ryzen Chipsets

  • HTC's Exodus 1 Blockchain Phone Available For Preorder, Costs 0.15 bitcoin

Latest News

JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion
Smartphones

JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion

Sharkoon announces SKILLER SGK50 Wood Series
PC components

Sharkoon announces SKILLER SGK50 Wood Series

TAMRON announces Ultra Wide-Angle 16-30mm F2.8 G2 Zoom Lens
Cameras

TAMRON announces Ultra Wide-Angle 16-30mm F2.8 G2 Zoom Lens

New Lexar ES5 Magnetic Portable SSD is A Game-Changer for Creators On-the-Go
Smartphones

New Lexar ES5 Magnetic Portable SSD is A Game-Changer for Creators On-the-Go

COLORFUL Launches iGame GeForce RTX 5050 Series Graphics Cards
GPUs

COLORFUL Launches iGame GeForce RTX 5050 Series Graphics Cards

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Noctua NH-D15 G2

Noctua NH-D15 G2

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed