HTC closes its offices in South Korea because of its sales of increasingly disastrous
As we learned today the Korean news agency Yonhap, the Taiwanese manufacturer HTC have just announced the closure of its offices in South Korea. A decision directly related to slowdowns in sales of HTC in the country and difficulties of growing more and more to fight against Samsung.
In a market dominated by international manufacturers, analysts Canalys estiments qu'HTC not have more than a 1% market share in South Korea and having lost two points since 2011. In comparison, Samsung now dominates 70% of the Korean market following the launch of Galaxy S3.
But we must say that times are tough for HTC for six months in terms of profits and market share especially when we know the record profits achieved by the manufacturer in 2011. Thus, during the second quarter of 2012, HTC's profits fell 57.8%, a situation due, first European to weak sales of the range HTC one who barely win despite the quality of products and Apple lawsuits that significantly interferes with U.S. sales of HTC.
Posted in: Android
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