It's no secret that HTC has been struggling a bit lately. Late last year, HTC announced that they would not meet earnings estimates for Q4 of 2011 and subsequently posted their first down quarter in several years. Fortunately, HTC was swift to react by announcing a change in focus for 2012. Rather than pushing out dozens of phones to please every segment of the market, HTC would focus on a few hero devices which would allow them to recapture higher profit margins and focus on performance and design.
HTC also announced a new department named HTC Studio which reports directly to CEO, Peter Chou.
HTC Source, HTC stock price and social media buzz rally ahead of Mobile World Congress
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