HTC forecasts wider than expected Q1 loss
The Taiwanese smartphone maker expects the worst to bottom out this quarter and return to profit in 2014, boosted by a better show from its flagship products.
The Taiwanese smartphone maker expects the worst to bottom out this quarter and return to profit in 2014, boosted by a better show from its flagship products.
Some handsets will be modified to sidestep a German court ruling, in order to minimize disruption to customers while it appeals against the decision.
Despite several new flagship handsets and ambitious announcements at CES last week, China's phonemakers have yet to make much headway breaking into the U.S market, partly due to a lack of carrier support.
The Chinese smartphone maker is betting on its simplified operating system based on Android, called Flyme, and "consumer-friendly" pricing to help it break into the American market.
The Chinese vendor is eyeing 4G products to boost sales in 2014, leading with its latest phablet with features such as reverse charging, 2-day battery life and even a range of selfie-inspired specifications.
Man was found dead with severe burns on his chest and hand which held the phone, so badly that his skin was sticking to it. Police suspect electrocution via the phone charger, which appears to be a third-party product.
As the Taiwanese smartphone maker braces for revenue to drop further, it believes the way up is in regaining market share in the mid and low-end, improving operational efficiency, and not neglecting a fast time to market.
Following criticism by state-owned media over its repair policies, the South Korean electronics giant posted a notice on its site saying it will fix affected phones for free and refund customers for earlier repairs.
It expects this to help give it a lead over rivals in the race for next-generation devices, which are likely to be wearable or flexible, such as watches, phones and glasses.
The smartphone maker posted its first quarterly operating loss, at NT$2.97 billion (US$101 million), amid intensifying competition and rising costs. Meanwhile, Microsoft is reportedly courting it to carry more Windows-based handsets.