HTC apologizes for poor market performanceJune 4, 2015 - 16:55 AMT PanARMENIAN.Net - HTC chairwoman Cher Wang has apologized to shareholders for the company's recent market performance. The businesswoman said that her firm has "let people down" after its stock price dropped to a 12-year low of NT$98, Digital Spy reports citing the Taipei Times. HTC has endured a difficult quarter after its latest flagship smartphone the HTC One M9 was criticized by reviewers for failing to differentiate itself from its predecessor, unable to stand out alongside the Samsung Galaxy S6, LG G4, and iPhone 6. However, Wang has a plan in place to reverse HTC's fortunes, confirming that the firm's next flagship has been taken back to the drawing board. She also revealed that a new "Hero product" will be released in October, but this is unlikely to be a replacement for the One M9. The original HTC Hero was released in Europe in 2009, but the product line has since been shelved. HTC is also turning to non-phone products, including its Vive headset, to generate revenue, but is yet to announce a release date for the virtual reality device. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. |