Digi Times — Taiwan-based smartphone vendor HTC expects demand for contract-free (SIM-free) smartphones in the Japan market to take off after the Japan government allowed sales of such smartphones in addition to originally required contract-bundled sales in May 2015, and thus will enhance marketing of entry-level, mid-range and high-end models there, according to HTC North Asia president Jack Tung.
Digi Times — HTC has announced that it will reduce its operating costs by 35% and its global workforce by 15% by implementing a restructuring plan to sustain revenues and profit growth with a leaner and more flexible business model. The layoff plan will affect about 2,250 jobs at HTC based on a total of over 15,000 employees the company has as of the end of July.
Want China Times — Leading global smartphone companies in the Android camp have not fared well in the Chinese market this year, amid heated competition from local players and Apple, the China Business Daily reports. Samsung, which dominated the Chinese smartphone market until last year, gave estimates on the company’s results for the period between April and June July 7, estimating its operating profit at 6.9 trillion South Korean won (US$6.13 billion), down 4% from last year.
India Times — KOLKATA| NEW DELHI: HTC has finalised its ‘Make in India’ plans, becoming the second major global smartphone maker to produce handsets in the country, after South Korean rival Samsung Electronics. The Taiwanese premium smartphone maker has entered into an agreement with Global Devices Network, which set up a manufacturing and assembling unit three months ago in Noida, to make the handsets on contract.
Digi Times — HTC has so far shipped only 4.75 million units of its new flagship smartphone, the HTC One M9, since the model launched in the latter half of March, down 43.75% as compared to shipments of the HTC One M8 during its initial three months, according to a Chinese-language China Business Journal report. HTC’s market value has also declined to around US$2 billion recently compared to its all-time high of US$33.8 billion a few years ago, the paper added.
TAIPEI, Taiwan — A new model of HTC is reportedly registered in the database of China’s Ministry of Industry and Information Technology, indicative of the phone maker’s attempt to make headway in China’s mobile payment market. The said model HTC One M9ew has specifications similar to those of HTC’s M9+, which was unveiled in early April in Beijing. The phone is compatible with 4G LTE and has a 5.2-inch screen with a display resolution of 2560 x 1440 pixels.
Taiwanese smartphone maker HTC said it is considering setting up assembly lines in India after announcing earlier of the launch of a mid-range smartphone exclusively designed for the region in the third quarter of 2015, reports our Chinese-language sister paper Commercial Times. HTC CEO Chang Chia-lin said the company’s market share in India is around 6%. The cheapest HTC smartphones in India are priced at around 11,000 rupees (US$173).
NEW DELHI: Taiwanese smartphone maker HTC is preparing to launch a handset made for India in the third quarter of this fiscal, even as it considers manufacturing mobile phones in the country, underlining the importance of the high-growth market which is becoming a priority for global brands such as Xiaomi and Samsung. “We have a third-quarter plan for our global launch in India to introduce a device which is especially designed for the Indian consumer,” Chia-Lin Chang, president of g ..
NEW DELHI: Chinese handset maker Xiaomi surpassed global smartphone giants Samsung and Apple in terms of market share to become India’s top 4G handset seller in January this year, CyberMedia Research said on March 17. Earlier this month, the market research firm had said that the iPhone maker emerged as the largest 4G LTE device vendor in the country in October-December 2014. As per the latest CyberMedia Research (CMR) data, Xiaomi leads the 4G LTE device market with 30.8% market share in January followed by Apple (23.8%), Samsung (12.1%), HTC (10%) and Micromax (8.3%).
HTC has unveiled its new flagship smartphone the HTC One M9 along with its first smart sports bracelet the HTC Grip and a VR (virtual reality) device the HTC Vive during a pre-MWC 2015 event. The HTC One M9 is comparable with its predecessor the HTC One M8 in terms of design and hardware specifications, although the CPU and memory parts of the new flagship model have received upgrades.
HTC is preparing to launch its 2015 flagship smartphone at the Mobile World Congress on March 1. And like last year, photo leaks arrived a few days before the announcement. It looks like the HTC One M9 design will remain identical to the HTC One (M8) with a metallic unibody in silver, black or gold. The major difference this year is the camera will be a square black lens rather than a circular transparent lens from last year.
TAIPEI–Chinese smartphone brands gained higher consumer loyalty in their domestic market in 2014 at the expense of international vendors, including Apple Inc. and Taiwan’s HTC Corp. (宏達電), according to a research report. Although Apple still had greater brand loyalty than its Chinese competitors in 2014, the iPhone maker saw a decline in its brand loyalty in China last year, Taipei-based research firm TrendForce Corp. said in a Feb. 9 report.
Although Sony Mobile Communications, LG Electronics, Motorola Mobility and Asustek Computer have launched Android Wear-based smartwatches, Samsung Electronics, HTC and some China-based makers are likely to release comparable models running on their own platforms initially, according to industry sources.
HTC expects its revenues to drop 6-13% sequentially to NT$41.5-45 billion (US$1.31-1.42 billion) for the first quarter of 2015. On an annual term, the revenues will be up 25-36% from a year earlier. The company also expects its first-quarter gross margin to stand at 19.5-20% compared to 20.4% a quarter earlier, and net profit to dip to NT$0.08-0.47 per share from NT$0.57 in the previous quarter.
TAIPEI–A poll among cellphone users in the United States found that Apple Inc. had the largest share of that market in the fourth quarter of last year, way ahead of Android phone makers like South Korea’s Samsung Electronics Co. and Taiwan’s HTC Corp. The survey, conducted by the Chicago-based Consumer Intelligence Research Partners (CIRP), indicated that 50 percent of all phones sold in the U.S. during the October-December period last year were iPhones, a slight increase from the previous year when it was 48 percent.
TAIPEI — Sparking rumors about the introduction of a new flagship device, Taiwanese smartphone maker HTC Corp. has sent out invitations to media outlets for an event prior to the March 2-5 Mobile World Congress tech fair to be held in Barcelona, Spain. The invitation, sent on Friday, features a starry sky with the words “Utopia in progress” below HTC’s logo, but it did not say anything about what kind of product will be unveiled on March 1 at the pre-show event.
TAIPEI–The HTC One M8 has been named the smartphone of 2014 by ePrice after almost 80,000 consumers in Taiwan cast their ballots electronically, the high-tech website said Saturday. The website said the HTC One M8, the flagship model of Taiwan-based smartphone vendor HTC Corp., garnered 17.7 percent of the votes cast in the online poll between Dec. 29, 2014 and Jan. 11, 2015, beating the Sony Xperia Z3, the flagship model of Japan’s Sony Corp., by 3.2 percentage points.
HTC has had China-based Shanghai Huaqin Telecom Technology undertake OEM production of its entry-level 3G smartphone, the Desire 526G dual sim, which features a 4.7-inch 720p HD display, according to industry sources in Taiwan. If marketed in Taiwan, the Desire 526G dual sim is likely to become the cheapest smartphone ever introduced by HTC in the local market, the sources estimated.
HTC will team up with US-based sports gear brand Under Armour (UA) to launch a series of hardware devices that can connect with UA’s sports community platform, UA Record, for access to fitness management and health care applications. The HTC-UA alliance comes as more and more handset vendors are rolling out smart wearable devices that feature fitness and health management functionality.
HTC has reported revenues of NT$15.1 billion (US$471.8 million) for December 2014, down 10% sequentially but up 22.1% on year. Revenues for the fourth quarter of 2014 reached NT$47.87 billion, meeting the company’s high-end target of NT$47 billion. EPS for the fourth quarter of 2014 stood at NT$0.57, bringing EPS for all of the year to NT$1.81, reversing from a loss of NT$1.59 recorded a year earlier.