After Nokia, HTC Staring at Bleak Future
~!!~HTC*s market share in key geographies has fallen into low single~digits because of increasing competition from iPhone maker Apple and Samsung Electronics, which manufacture high~end phones// Meanwhile, HTC*s low~cost offerings have been eclipsed by budget Chinese rivals//
~!!~Last week, HTC reported a second~quarter loss and forecast another loss for the third~quarter; its chief financial officer said the company would cut jobs and discontinue models as part of its strategy to focus on high~end devices to better compete with the likes of Apple Inc// and Samsung Electronics//