NEWS
August 20, 2012 | By Alex Pham
OnLive, whose abrupt restructuring on Friday left half of its staff jobless, has also put some of its investors in the cold. Among them is Taiwanese cellphone manufacturer HTC Corp., which reported on Monday that it has lost $40 million in OnLive's financial reorganization. OnLive, a video game streaming company, has been struggling in recent months to resonate with consumers who have been slow to embrace its cloud-based games model. HTC, in a statement, said, "Due to lack of operating cash and an inability to raise new capital, OnLive had completed asset restructuring over the weekend.
BUSINESS
January 17, 2013 | By Salvador Rodriguez
An image of what's alleged to be HTC's next flagship phone has hit the Web, and the device in the picture looks a lot like Apple's iPhone 5. The computer-generated image, which was posted by UnwiredView.com , shows the back side of a tall and narrow phone. Most of the phone's back cover is black except right at the top and bottom, where it changes to white panels. The two-tone back cover resembles that of the iPhone 5's back. The latest Apple smartphone, which comes in black or white, also has one large back panel that's framed by top and bottom panels in a different shade of the phone's color.
BUSINESS
February 15, 2012 | By Nathan Olivarez-Giles
HTC's $300-million investment in Beats Electronics has, so far, resulted in Beats earbuds being packed with Android smartphones. But the partnership may soon take a major step forward as HTC and Beats are reportedly looking to develop a music service that may end up challenging the likes of Apple's iTunes and Spotify. According to a report from the news site GigaOm , HTC and Beats will roll out a new line of smartphones and tablets with Beats audio features and possibly even a music streaming service that could be unveiled as early as the Mobile World Congress event in Barcelona, Spain, later this month. Om Malik, GigaOm founder and reporter, wrote in the report that HTC is leaning on the connections of Beats co-founder and Chairman Jimmy Iovine's connections in the music industry to build a streaming service that "will be offered as a default music client on HTC phones and tablets.
BUSINESS
January 30, 2013 | By Salvador Rodriguez
HTC sent out media invitations Tuesday to a press event set to take place on Feb. 19 where the company is widely expected to announce its next flagship phone. The event is scheduled for a 10 a.m. EDT and will take place in New York City. The invite says "Save the date" and features a generic photo of a person on a street. 10 tech companies to watch in 2013 HTC is expected to announce an Android phone called the M7 at the event. The rumored phone is said to have a 4.7-inch screen and a powerful 1.7GHz quad-core processor.
BUSINESS
October 12, 2010 | By Nathan Olivarez-Giles, Los Angeles Times
Microsoft Corp., which has struggled for years to capture the attention and dollars of smart-phone users, debuted handsets Monday that will run on its new mobile operating system, Windows Phone 7. AT&T Inc. will be the first to offer the phones, starting with the Samsung Focus, arriving in stores Nov. 8. HTC Corp. and LG Corp. will each release a model "a few weeks later," Microsoft Chief Executive Steve Ballmer said at an event in New York to introduce the phones. Each of the three AT&T handsets will sell for $199.
BUSINESS
December 21, 2011 | By David Sarno, Los Angeles Times
Apple Inc. has persuaded federal authorities to ban U.S. sales of some Google-powered Android phones that unlawfully use iPhone-like features. But don't expect the more than 500 varieties of Android smartphones and tablets to disappear from shelves any time soon. The ruling Monday from the U.S. International Trade Commission was one of the more anticipated developments in Apple's global legal battle with major Android manufacturers such as Samsung Electronics, Motorola Mobility and HTC Corp.