Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 31 July 2012 11:52

HTC retreats from Korea

Written by Nick Farrell



Tail between its legs


HTC has admitted that it has lost the lucrative Korean market and is pulling out.

The Taiwan-based handset manufacturer said it had repeated failures to make a noticeable dent here. The company announced last week that it posted $246 million in net profits for the second quarter.

A HTC representative told the Korea Times that the companies withdrawal will be a long term process and not immediate. HTC wants to cause the least disturbance for its customers here and continue after-sales services. Moving out of Korea was to “increase efficiency for HTC business operations in the future.”

HTC folded its business in Brazil in June. It had been widely speculated by industry experts that HTC is mulling a retreat since last month after Korea manager Lee Chul-hwan was fired after only being in the post for six months.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments