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HTC CEO Says U.S. Market Share Recovery Will Be “Difficult”

by Todd Haselton | April 24, 2012April 24, 2012 11:45 am PST

Peter CHOU

HTC’s latest flagship is about to land on AT&T and Sprint. Even though there’s plenty of global hype around the One X (or the EVO 4G LTE on Sprint), HTC’s CEO Peter Chou isn’t convinced that the company will easily regain lost market share in the U.S.

Earlier this month, HTC reported a 39.2% slide in quarterly revenues in its unaudited results. “It’s difficult to recover our market share in the U.S,” Chou said. “We will have more balanced growth in different markets this year. We are confident in the company’s future. We have seen encouraging growth momentum in the second quarter.” Chou expects HTC will see continued growth in Asia and Europe. HTC has seen tough competition from Samsung and Apple in the United States. Meanwhile, Huawei and ZTE are stiff competitors in China and other Asian markets.

[via The Wall Street Journal]


Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...