HTC May Leave Chinese Smartphone Market: Reports
New Delhi: According to latest reports, Taiwanese mobilemaker HTC is contemplating to exit the Chinese Smartphone market soon. The reports are being fuelled by the company’s recent decision to pull out its phones from two of China’s largest e-commerce sites.
“Due to the consideration of HTC China’s long-term business strategy, we will temporarily close the HTC mobile phone Jingdong flagship store and Tmall flagship store. HTC Smartphones and accessories can still be purchased through HTC Official Mall and HTC VIVE Flagship Store. We will continue to provide quality pre-sales and after-sales service as always,” HTC announced on Weibo, according to the Android Central.
Noteworthy, HTC had a rough patch in 2018 when its revenue dropped to an all-time low.
Earlier, rumours were riff that search engine giant Google would acquire HTC but the former ended up just buying HTC’s Pixel team in a $1.1 billion (roughly Rs. 7,692 crores) deal.