HTC hasn’t been doing as well as it has in the past over the last few months, and now the company has released its latest financial results and its profits are down 50 percent on the same time last year.
HTC has had a number of issues over the last couple of months, the main one being the delay of its new smartphone launches in the US due to two devices being held by US customs after a legal dispute with Apple.
HTC has also had lower overall sales than before, something which they are looking to change in the future by releasing fewer models and concentrating on the higher end devices.
It will be interesting to see if HTC are able to turn things around, whether or not they will be able to compete with the likes of Samsung and Apple remains to be seen.
Source Fast Company
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