Saturday, April 7, 2012

Smartphone maker HTC posts 70 percent profit drop

Taiwan smartphone maker HTC Corp. has reported a 70 percent drop in first quarter profit as it faces keener competition from Apple Inc. and Samsung Electronics Co. HTC said Friday that profit amounted to 4.5 billion New Taiwan dollars ($152 million) from revenue of NT$68 billion in the three months ending Revenue was...

<A HREF="http://www.businessweek.com/ap/2012-04/D9TVBFQ80.htm">Read More</A>

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