Tag Archives: HTC

HTC Gets In Trouble with IPCom

It has been recently revealed that IPCom Patent firm has asked the cell phone retailers from Germany to halt the sale of HTC phones for the present. They have further threatened them for legal action if their needs are not fulfilled.

This is being done because HTC apparently hasn’t complied with the court ruling that had details on the injunction of the sales. The other action taken by IPCom was that it went to the Mannheim court, so that a fine can be imposed on HTC for not abiding by the necessary rules from the year 2009.

There is an impending fine of millions of Euros that the firm might have to pay in the time to come. This shall not only make for the financial losses for the firm, but also result in damaging the goodwill and the standing of the firm in the global markets.

HTC for now is at an increasing risk and it is essential for now to solve these legal battles as soon as possible because the cut throat competition in the market is ruthless and would excuse the firm for being entangled in other issues and might soon result in losses for the firm.

HTC is already dealing with falling sales needs to hold on firmly to its basics so that it can make a comeback in the time that follows.

There are also claims made by Apple against HTC and they need to be dealt with care so that they don’t damage their finances as well as their image as a brand further.

Market competition as well as the macroeconomic downturn in the world has already rendered an unstable position to the firm, and they need to make sure that the situation doesn’t worsen further.

HTC Promises Combat

It has been revealed in a recent report that HTC has said that they are soon going to come up with new and improvised version of their products, for various needs of the people. It has been said in wake of the competition that prevails in the cell phone markets about quality and features.

HTC is of the view that they are not going to come up with phones that are like the others, and have similar features. They are of the view that they are going to bring newness in their designs and features, and will bring new models of HTC phones next year.

This came after the revelation that the firm had dropped its sales levels in the past one year and was performing at its worst, in the race of smartphones. They are of the view that they are going to come up with improvised versions to keep up with the growing competition of the market.

In a statement, the firm also said that it wasn’t another firm like Nokia, which has seen decline in the dominant position in the markets.

The firm was of the view that it is still capable of fighting the competition offered by other brands in the market and that it is going to fight back with new versions of the HTC phones.

“We will focus on the product next year, better and more competitive. Other than new LTE phones for the US market, we also have phones for the global market. We will launch some worldwide flagship products. We’re confident in them”, revealed Chief Financial Officer Winston Yung. They are of the hope of seeing better results in the time to come.