HTC posts lower than expected results in Q4, 25.5% lower than last year


Some worrying news out of Taiwanese smartphone giant HTC today – it seems that HTC has posted a less than stellar Q4, and has only managed to post T$11.02 billion in net earnings (about 366m USD) which is quite a drop from their  T$14.8b (about $492m) performance last year. While the company isn’t floundering, the sharp drop in Q4 revenue means that HTC’s unparalleled growth has now ground to a halt, amid strong competition from rivals like Samsung and Apple.

Source: Reuters