Tue, Jul 09, 2013 - Page 14 News List

HTC stock takes a tumble

CHINESE RESCUE?Given its precarious situation and the heavy competition in the smartphone market, an analyst suggested HTC might consider tie-ups with Chinese firms

By Helen Ku  /  Staff reporter, with CNA

With Samsung targeting growth of 50 percent for its premium models this year and Apple aiming for between 15 percent and 25 percent growth in iPhone sales, the premium phone segment will become increasingly crowded and further pressure HTC’s margins, CLSA said.

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