HTC Prepares Quad-Core Edge, Razor-Thin "Ville" to Fight Sinking Revenue
February 6, 2012 3:15 PM
comment(s) - last by
The HTC Edge
HTC's January revenue was less than half of what it was last year
HTC Corp. (
) long toiled as a original device maker (ODM), producing PDAs for the likes of Hewlett-Packard Comp. (
). But the Taiwanese electronics firm in 2007 saw its chance to step out from behind the curtain, when Google Inc. (
) revealed a new open source operating system, Android.
It worked -- overnight HTC became a household name among U.S. smartphone users, and handsets like HTC EVO 4G defined the cutting edge. But since catapulting from obscurity to superstardom, the member of Android's "Big Three" has stumbled.
In 2011, it saw
its sales battered
more popular offerings
from Apple, Inc. (
) and Samsung Electronics Comp., Ltd. (
). And that's not to mention the
against the company following a careless security breach
due to sloppy coding
within its distribution of "Carrier IQ" user device monitoring code.
HTC, however, isn't taking this lying down. The smartphone maker plans to reveal
at least four new high-end handsets
Mobile World Conference
(MWC) 2012 in Barcelona, Spain. MWC 2012 runs from Feb. 27 to Mar. 1.
At the show HTC is expected to unveil an ultrathin phone code-named HTC "Ville", similar to Motorola's popular
. A quad-core smartphone code-named "Edge" is also reportedly on the menu.
HTC desperately needs a sales edge. In
[PDF] sales figures, it fell 2.49 percent in revenue and 41.4 in profit, reporting sales of NT$101.42B ($3.443B USD) and profit of NT$10.94B ($371.3M USD). And January revenue took an even
[PDF], down 52.55 percent to NT$16.615B ($563.98M USD), down from NT$35.014B ($1.1885B USD).
Some analysts are optimistic that HTC’s new smartphone will set it back on a winning path. Marc Einstein, Tokyo-based Industry Manager for Mobile and Wireless Communications for Frost and Sullivan,
, "The smartphone industry is so fast moving, I wouldn't count them out."
This article is over a month old, voting and posting comments is disabled
RE: Market betterer...
2/6/2012 4:02:05 PM
I wonder if it has more to do with market saturation.
The initial bandwagon rush for a smart phone is over and now your settling into the renewal market, which yes they do need better marketing to succeed at.
"I'd be pissed too, but you didn't have to go all Minority Report on his ass!" -- Jon Stewart on police raiding Gizmodo editor Jason Chen's home
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