Lower Sales of Mobile Phone,HTC Close Offices in South Korea

It is known that HTC will also soon close its offices in Korea, this is due to lower sales of mobile phones owned by Taiwanese vendors there. HTC did not inform how many people will be laid off due to the closure of this office, but known to the vendor wants its employees to re-apply for a job within the company.

 HTC stated that the closure of this office is a serious step which would affect a lot for those who have given contribution in the development of HTC in recent years. According to analysts, the South itself is a tough market to be penetrated by a foreign vendor or outside the country. HTC only has 2% market share in the country until 2011, and 1% market share in the first quarter of 2012 and while the example only Korean vendors LG, Pantech, and Samsung have mastered up to 90% of the market. Actually, HTC hopes to be able to stabilize Their second quarter earnings with the release of their One-line HTC, but it seems the move was not enough.

origin source pc world, BGR via teknoup