HTC dramatically cuts revenue forecast, looks beyond smartphones
Taiwanese smartphone maker HTC has revealed a major downgrade to its Q2 2015 outlook following disappointing monthly revenues in May.
Taiwanese smartphone maker HTC has revealed a major downgrade to its Q2 2015 outlook following disappointing monthly revenues in May.
Taiwanese smartphone maker HTC has concentrated all senior executive power in the hands of one person – Chairwoman and co-founder Cher Wang – after stripping Peter Chou of CEO responsibilities. The clear implication is that the Board thought Chou had taken the company as far as he could and it was time for a new direction.
A digital brand intelligence report has revealed the launch of the Galaxy S6 saw Samsung become the most talked about brand at Mobile World Congress. When considering social media discussions, reports, news coverage, mobile views and more, the Korean tech giant dominated coverage of this year’s show in Barcelona – according to digital marketing tech firm Amobee Brand Intelligence.
At a lavish launch event on the eve of Mobile World Congress 2015, HTC unveiled its flagship smartphone launch for the year in the form of the HTC One M9.
Amazon has taken another hit on its faltering Fire phone, by conceding a second price slash on its first smartphone offering. The online retailer has now listed the phone for $199.00 unlocked, which also includes a full year of its Prime service worth $99.
Leading handset manufacturers and operators in the US have teamed up to introduce a ‘killswitch’ in an effort to curb smartphone theft in the country.
Taiwanese smartphone maker HTC has launched a flagship smartphone, the One M8, focusing on the build quality and user experience of the device in an attempt to distinguish the handset from rivals.
Taiwanese smartphone maker HTC is refocusing on providing devices across more price tiers and will strive to improve its marketing efforts, the company told Telecoms.com as it seeks to turn its fortunes around.
Taiwanese handset maker HTC has announced an unaudited operating loss of NT$1.56bn (US$51.9m) and net profit after tax of NT$0.31bn for 4Q13, missing analyst expectations. The firm’s total revenues reached NT$42.89bn during the quarter.
Taiwanese smartphone manufacturer HTC has posted its first ever quarterly loss. The firm made a net loss before tax of NT$2.97bn ($100m) for 3Q13. Revenue stood at NT$47.05bn.
Taiwanese smartphone manufacturer HTC has announced that it will reduce its US workforce as it looks to “streamline and optimise” its operations. The cuts will affect around 30 employees, represent around 20 per cent of HTC’s 150-strong workforce.
Taiwanese smartphone maker HTC has warned that it is expecting to make a loss in 3Q13. It said in a statement that operating margin for the forthcoming quarter is expected to be in the range of zero per cent to negative eight per cent.
Samsung has admitted paying students to post scathing reviews about Taiwanese rival HTC handsets on websites in Taiwan.
Device vendor Nokia has poached Taiwanese rival HTC’s EMEA president Florian Seiche. Seiche will head the Finnish firm’s European sales team from June 15, while HTC will replace him with EMEA VP product and operations Phil Blair.
In a bid to reclaim its standing in the smartphone market, Taiwanese handset maker HTC has launched the HTC One; its flagship Android smartphone.
As it continues its aggressive push in the smartphone space, Microsoft has announced two Windows Phone 8 handsets designed by Taiwanese vendor HTC. The HTC Windows Phone 8X is the premium handset of the two, with a 4.3in HD screen and a Qualcomm S4 1.5GHz dual-core processor. It has 1GB RAM, 16GB storage space and comes with an 8-megapixel camera.
The saga of handset vendor HTC’s poor investment choices took another turn Tuesday, when it emerged that cloud gaming service OnLive, which HTC has just chalked a hit of $40m up to, is in a worse state than previously thought. The company has just shed half of its staff and its stock has been acquired by a mysterious private investor, thought to be one of the original investors who backed the startup in 2009.
Disruptive Taiwanese device manufacturer HTC said this week it expects to chalk up a loss of $40m through the investment it made in cloud-based gaming platform OnLive, which it bought into in early 2011.
Microsoft has unveiled its latest operating system for mobile handsets, Windows Phone 8. The announcement was made in the same week as the firm launched its Surface tablet device, which runs on the Windows 8 operating system for PCs and tablets.
Taiwanese manufacturer HTC has revealed that it is shutting down HTCSense.com, the handset firm’s portal that enables users to sync their contacts, messages, footprints and call history. The firm has given users until April 30 to download their data, before it is deleted and no longer accessible.
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