Wednesday, 22 November 2017

HTC cuts Q2 guidance, begins strategic review

By Nick Wood, Total Telecom
Monday 08 June 15

Taiwanese device maker struggling in face of slowing demand for high-end handsets, weakness in China.

HTC has cut its second quarter guidance and begun a strategic review of its assets amid lower demand for its flagship smartphone and weak sales in China. The Taiwanese smartphone maker has been under pressure in recent years from the likes of Apple and Samsung at the high end of the market, and from the likes of Xiaomi and Huawei at the other. On Friday…

HTC has cut its second quarter guidance and begun a strategic review of its assets amid lower demand for its flagship smartphone and weak sales in China. The Taiwanese smartphone maker has been under pressure in recent years from the likes of Apple and Samsung at the high end of the market, and from the likes of Xiaomi and Huawei at the other. On Friday…

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