Featured Articles

AMD sheds light on stacked DRAM APUs

AMD sheds light on stacked DRAM APUs

AMD is fast tracking stacked DRAM deployment and a new presentation leaked by the company  points to APUs with stacked DRAM,…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Intel launches new mobile Haswell and Bay Trail parts

Intel launches new mobile Haswell and Bay Trail parts

Intel has introduced seven new Haswell mobile parts and four Bay Trail SoC chips, but most of them are merely clock…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 08 April 2014 11:24

More woes for HTC

Written by Nick Farrell



Loses deepen

Troubled Taiwanese smartphone maker HTC has posted a first-quarter loss that was wider than analyst estimates. Analysts are putting the blame on the pants results after ineffective marketing resulted in weak sales of its former flagship model.

The HTC One was a brilliant phone and won rave reviews but was undermined by advertising which was widely criticized as confusing. HTC was once a firm third to Apple and Samsung, selling 10 percent of smartphones globally two years ago, but it ended 2013 with a market share of just 2 per cent. The company started 2014 by booking a net loss of $62.06 million for January-March. Revenue fell 22.6 percent.

On the plus side, HTC, however, broke 28 months of on-year revenue declines with a rise of 2.16 percent in March, and said it expected to return to profit in the second quarter thanks in part to the late-March release of its upgraded flagship, the HTC One M8.

Shares of HTC have fallen 38 percent over the past year. Ahead of the release, they closed up 3.6 percent versus the benchmark's 0.1 percent loss. The former contract manufacturer released a series of mid-range smartphones in recent weeks, predicting cheaper phones in emerging markets will help it return to profit this year. It has also launched a partnership with search engine giant Google to manufacture smart watches.

But it is the new flagship HTC One M8 that the company hopes will help it reestablish itself as a challenger to market leaders Apple and Samsung.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments