htc

HTC in 2013: Made its Best Phones in Years and First Loss in History

By Gary Cutlack on at

How does that work? Despite releasing the extremely well-reviewed HTC One and the equally popular Mini version this year, HTC has slumped to its first ever loss during the third quarter of 2013, somehow managing to lose around £74m.

The stats show that HTC sold a third fewer phones in the quarter compared with the same period of 2013, a baffling situation given the positive reception given to the HTC One and the more recent HTC One Mini. The world really has gone Samsung mad if top-drawer phones like that are met with a disinterested shrug by the market.

Stats from research firm Gartner claim HTC's global market share has fallen to just 2.6 per cent in the previous quarter, quite a sharp slump for the company that seemed to be the unstoppable force in developing and leading the planet's transition to smartphones just a few years ago. [Reuters via Techradar]