Monday May 25, 2020

HTC sales to miss estimates as Samsung set to increase dominance

Taiwanese smartphone maker HTC said sales are likely to miss analyst estimates for a second straight quarter as new models fail to spur demand.

5th November, 2013
The HTC One.

Taiwanese smartphone maker HTC said sales are likely to miss analyst estimates for a second straight quarter as new models fail to spur demand.

The company posted its first loss on record last month. It said in a statement today that fourth-quarter revenue will be between NT$40 billion ($1.4 billion) and NT$45 billion. That trailed the NT$52.2 billion average of 21 analysts’ estimates compiled by Bloomberg.

HTC’s introduction of new handsets, cut in expenses and the...

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