Editor in Chief
HTC Still Fighting Hard; Makes Gains in China and India
It seems like most of last year there was nothing but great news about HTC, then suddenly they fell in a pit. Since then we have been hard-pressed to hear anything good about the mobile device maker. Luckily, that changes today. Despite numerous setbacks in the United States and Europe, HTC is still fighting hard. A new report indicates that the Taiwanese company has made some significant gains in the China and India markets. Here's a quote with the details,
It's great to see HTC taking their lumps and getting back up anyway. It takes moxie to stay in the fight, and at least they keep striving to innovate and gain ground in the market. At this rate, HTC will no longer be the underdog next year, and we will be wondering what has happened to Motorola (if you aren't already).
Despite the spotlight that the HTC One series has received, it is the combination of the high-end models and the Desire series, which is aimed for the lower spectrum of the market, that have successfully lifted HTC’s standing in China. HTC’s smartphone market share in the country has moved up from 3% to 5% for the month of May.
If you think that’s a rather insignificant progress, the gained market share now puts HTC ahead of Motorola Mobility. It seems the company’s strategy to work with three major carriers in China and set the price of the HTC Desire series below CNY 2,000 – the equivalent of $310 – has paid off handsomely. The Taiwanese powerhouse currently ranks #8 overall in China’s smartphone market.
HTC was able to emulate the same success story in India, where an annual telecommunication survey reveals that the Taiwanese manufacturer was able to double its year-to-year revenue. From all of the surveyed brands, HTC registered the highest, 105 percent, growth. The company now has a 3% market share in India, ranking sixth overall, behind the likes of Nokia and Samsung, but still ahead of LG, Huawei, Sony, or Motorola.
07-12-2012 05:07 PM