HomeDevicesNews HTC forecast disappoints, as Nokia patent battles brought to an end HTC provided a forecast for the first quarter of 2014 that indicates the continued challenges it is facing, with its January sales numbers failing to impress, although the settlement of its patent lawsuits with Nokia has at least lifted some uncertainty for the ailing smartphone maker.It is anticipating first-quarter sales of between TWD34 billion (US$1.12 billion) and TWD36 billion, compared with TWD42.8 billion for the first quarter of 2013. And its monthly sales figures for January show it is already off to an uninspiring start: sales of TWD9.67 billion are down 37.75 per cent year-on-year.In a statement, Peter Chou, CEO of HTC, said: “We will continue to stay focused on making the best smartphone and building a compelling mid-range portfolio. Meanwhile, we are going to communicate better with consumers.”The company is expected to launch a new flagship device in the near future, and has acknowledged previously that it has suffered at the hands of fierce competition in the mid-tier.Meanwhile in a statement issued on Friday, it was revealed that HTC had settled all patent litigation with Nokia, and entered into a “patent and technology collaboration agreement”. The Taiwanese player will make payments to the Finnish company, and “the collaboration will involve HTC’s LTE patent portfolio, further strengthening Nokia’s licensing offering”.The move seems a sensible one, in that HTC has suffered from several high-profile losses in cases with Nokia, including in the UK and Germany. Specialist website FOSS Patents said that the US International Trade Commission was today set to rule on another action, where HTC had lost out in the preliminary rounds, which could have led to a US import ban on HTC smartphones.In a statement, Grace Lei, general counsel of HTC, said that the settlement “will enable us to stay focused on innovation for consumers”.HTC also reiterated its fourth-quarter 2013 figures. For the three months, the company saw a net profit of TWD0.31 billion, compared with TWD1 billion in Q4 2012, on revenue of TWD42.9 billion, down from TWD60 billion. On an operating level, the company saw a loss of TWD1.56 billion, compared with a prior-year profit of TWD0.6 billion. Previous ArticleMobile ‘kill switch’ bill introduced in CaliforniaNext ArticleEurope locked in 5G contest with Asian rival Devices Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more HTC readies Vive Pro 2 VR headset AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 10 FEB 2014 Author Nokia warns of jump in IoT device infections HMD Global upgrades value-focused Nokia range Steve Costello Related Tags FinancialHTCNokiaTechnology
Shawnee contributed $250,000 to the project to reinvigorate the Aztec Theatre downtown.In Overland Park, work has been underway for a few years now on projects to revitalize the historic downtown district. In Shawnee, city leaders are hoping a similar renaissance is in the offing for its downtown.Register to continue
FacebookTwitterEmailPrintFriendly分享An elderly Kenai Peninsula woman was scammed out of $1,400 by an email on Wednesday. She reportedly sent the $1,400 to an unspecified location in Asia via Western Union. Michelle Tabler with the Better Business Bureau said con artists often target the elderly. No suspect information on the August 12 phone scam is known at this time. She reported that she received an email that stated her Microsoft program was experiencing problems and if she sent the cash it would be corrected. Tabler: “First of all there’s never a reason to wire money, ever, really.” Alaska State Trooper investigation found the phone number came back to an unknown location in California. Just after 3 pm August 12, the 69-year-old victim called Alaska State Troopers to report the scam.