DCSIMG

Smartphone giant’s troubles

Taiwan-based smartphone maker HTC has reported a 26 per cent drop in profits in the final quarter of last year as the weak global economy and intense competition hit sales.

The firm said profits amounted to 10.9 billion New Taiwan dollars (£233.5 million) – on revenue of 101bn New Taiwan dollars – in the three months ending December. The company blamed the slowdown on lacklustre sales of its newly launched high-end smartphones amid increased competition from Apple and South Korea’s Samsung.

 

Comments

 
 

Back to the top of the page

 

EDINBURGH
FESTIVALS
2014

#WOWFEST

In partnership with

Complete coverage of the festivals. Guides. Reviews. Listings. Offers

Let's Go!

No Thanks