HTC said it expects sales to drop by as much as 29 percent in the second quarter, as the company's turnaround efforts appear to be in trouble. HTC just started selling its flagship One M9 smartphone globally earlier this month, so a weak sales forecast bodes ill for its prospects in a highly competitive market.
LG Electronics unveiled the G4, its latest flagship phone, and is focusing on both high-end specifications and a refined fashion sense to set itself apart in the crowded premium smartphone market. The G4, like its predecessor the G3, will go head-to-head with flagship phones from Samsung Electronics, Apple, HTC and others.
LG Electronics is seemingly doing all it can to drum up interest in its next flagship smartphone, the G4, ahead of its official debut on April 28: The company is going to allow select customers to test out the phone before it is formally announced.
HTC eked out a profit for the first quarter but the company still faces strong competitive headwinds as it looks to regain sales in the smartphone market and push beyond phones.
HTC named Chairwoman and co-founder Cher Wang as its new CEO, replacing longtime CEO Peter Chou. However, Chou is not leaving the company. Instead, he will lead HTC's "Future Development Lab," where he will be focused on future product development and growth opportunities for the firm. The shakeup is in many ways the culmination of a process that began in October 2013 when Wang took over some of Chou's day-to-day duties running the company so he could focus more on products.
As smartphone vendor HTC gears up to launch its new One M9 flagship Android smartphone, the company said it will offer a phone-replacement service to U.S. One M9 users at no additional cost. The program will provide users with one free replacement for up to a year after they buy their One M9--no questions asked.
Smartphone makers are seeking to emulate and put their own spin on Apple's success as more than just a device maker but as a services provider and maybe even a lifestyle brand. The question is whether device companies can provide services and products to consumers beyond smartphones that actually make their lives better.
BARCELONA, Spain--Mobile World Congress kicked off with a bang this year, with a plethora of device announcements. Dozens of OEMs are on hand to offer their wares and meet with carriers. Here is a small sampling of some of the high-profile device launches thus far at the conference.
BARCELONA, Spain--Samsung got the ball rolling on Mobile World Congress device announcements, unveiling the Galaxy S6 and S6 Edge on the eve of the event, here.
BARCELONA, Spain--As expected, HTC debuted its new flagship smartphone, the One M9, which will available in mid-March from AT&T, Verizon Wireless, T-Mobile US and Sprint. The company also revealed a new fitness tracker geared toward serious athletes and surprisingly announced its entrance into the virtual reality market with a VR headset.