HTC Plans to Compete in Wearable Device Market

Following two years of revenue decline, HTC is hoping the launch of new wearable devices will help turn profits around according to a report by Bloomberg.

The company may demonstrate one of three wearable devices at the upcoming tradeshow in Barcelona, though the company is still unsure if they will show the devices publically or just give carriers a glimpse.

Two of the three wearable devices will be smartwatches, one based on Google Now’s services and the other on Qualcomm’s Toq device. The company will go head to head with Samsung and Sony in the wearable device market that will be worth US $30 billion (NT $910 billion) by 2018, according to Bloomberg.

The company hopes that through the launch of new products, increase in market, and improved customer service, will reverse the downward trend. Cher Wang, chairman of HTC, expressed during an interview with Bloomberg that the company will launch the first of their wearable devices by this Christmas. They however did not reveal which one.

Shares reached the highest in 4 weeks recently in Taipei at NT $133.50, an increase of 1.9 percent.
 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE