HTC
saw a net profit of T$85 million, or $2.85 million U.S., in the three month
span from January to March, according to Reuters. In comparison, HTC made T$10.9
billion in the same period a year ago.
A delayed launch for the HTC One is
contributed to the company's struggles.
The company's lowest-ever quarterly
profit came after it was forced to delay the launch of its flagship HTC One handset due to a shortage of camera components. The
HTC One was only available in three markets at the end of the March quarter,
when the Taiwanese company had originally planned to launch it in a total of 80
countries.
HTC also announced last week that it
has partnered with Facebook to release the HTC first, a device
billed as the first phone to optimize the Facebook "Home" experience
for handsets running Google's Android platform. While Facebook Home will be
available on other Android devices, the HTC First will be the only one available
with Home preinstalled.
Last year, HTC accounted for 6 percent of the total worldwide smartphone market. Its sales
were off 25.2 percent from 2011, while only Apple and Samsung grew their share
year over year among the top five largest vendors.
On profit
alone, Apple and Samsung captured 103 percent of the total industry profits in 2012, a share
made possible because rivals such as Motorola, Sony and Nokia actually lost
money in 2012. HTC accounted for 1 percent of the mobile industry's profits in
2012, but took a 0 percent share in the fourth quarter of last year. [Source]
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