Reports of HTC’s withdrawal from the smartphone market are greatly exaggerated, says company
A recent rumor that HTC was withdrawing from the smartphone market, and that the company would be offered for sale, have been denied by the company. HTC recently warned of a possible loss in Q3 following disappointing Q2 results.
The rumor was started by a post on the the Chinese microblogging site Weibo by EE Times Chinese analyst Alice Sun, a commentator with a generally good track-record. However, rumors of a denial swiftly followed, and Engadget has now received what appears to be a definitive denial of the sale – though interestingly no specific response is made to the suggestion that HTC is pulling out of smartphones … Expand