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    HTC's profit slides, turnaround prospects bleak

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    euronews (in English)

    by euronews (in English)

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    Handset maker HTC has issued a earnings warning, as it reported an 83 percent drop in second quarter profit.

    Facing intensifying competition in the smartphone market, the Taiwanese firm said its third-quarter revenue could fall as much as 30 percent from the previous three months.

    ...
    http://www.euronews.net/