HTC Profit Slumps on Product Delay

HTC Corp.’s first-quarter net profit slumped 98 percent from a year earlier after sales suffered from the delayed launch of the company’s new flagship smartphone.

The Taiwanese manufacturer has been struggling against the dominance of Samsung Electronics Co. and Apple Inc. in the smartphone market, as well as the emergence of Chinese low-end market rivals. In 2010, HTC was the largest vendor in the U.S. of devices running Google Inc.’s Android operating system.

Read the rest of this post on the original site »


Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »