Monday, August 13, 2012

HTC sees China as key factor in ending sales slump

HTC sees China as key factor in ending sales slump

. As HTC (2498) continues to lose market share to Apple (AAPL) and Samsung (005930), the troubled Taiwanese manufacturer is looking toward China to help stabilize the its plummeting sales. HTC is expanding both its engineering team and sales channels in China, and hopes to become one of the top two smartphone brands in the country by 2015, Ray Yam, head of HTC's China operations, told the Wall Street Journal.
In the first quarter of 2012, HTC was No.9 in China in terms of market share at 2.6%, compared to Samsung's 24.9% share.

Boy Genius Report , HTC sees China as key factor in ending sales slump, HTC sees China as key factor in ending sales slump

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