HTC told: stop selling phones in Germany
take the next step, requiring stop selling UMTS smartphones HTC, the Taiwanese company as having difficulties struggles broader market
HTCIPCom German patent firm ordered to stop the sale and distribution of all its smartphones in Germany, saying that the Taiwanese company face fines if it fails.
"If HTC does not comply, and is still selling UMTS compatible devices, IPCom start talking" Zwangsgeldverfahren under German law, which will result in fines, until it receives "IPCom , said in a statement.
HTC sells about 2 million smartphones a year in Germany, according to research firm IDC. This compares with a worldwide total expected by the company of some 45 million this year.
IPCom said last week that the execution of a warrant based on a decision of a court of Mannheim in February 2009 after HTC, the fourth largest smartphone vendor worldwide, has withdrawn his appeal, which should be decided this week.
HTCsaid the legal battle would have no impact on its business in Germany, because the injunction covered only HTC - are no longer sold in this country - and also changed the application of standards UMTS.
But IPCom responded: "Demand for HTC, which is usual in Germany is totally misleading," said Bernhard Frohwitter, IPCom CEO, in a statement. "The fact is: patent in question is valid, and the decision in February 2009 Mannheim covers all devices HTC 3G because the patent covers a 3G standard required, valid for all devices and networks. "
legal challenges, coupled with warnings HTC is not going to increase revenue this quarter compared to a year ago - and see him fall to fourth quarter - have led some investors to lose faith in the society. Its shares fell more than 30% in less than two weeks.
Their models of fire of desire, sensitivity and the forest lost ground to Apple's iPhone and Samsung Galaxy line-up, prompting calls for a change in a rapidly changing market and changing.
In its first response to the attacks of securities markets, HTC Chief Financial Officer Winston Yung, told Reuters on Monday that the company is not another Nokia. Finnish mobile company has rapidly decreased from the domination of the market as rivals struggle agile product lines indifferent.
"I do not think it's that serious," Yung said, noting that even the most conservative orientation shipments to increase to 45 units this year from 25 million last year .
"We focus on the product next year, better and more competitive. In addition to the new LTE phones for the U.S. market, we have the phones for the global market. Let some key products around the world. We trust them. "
But investors are worried that HTC, one of the few companies in Taiwan with a global brand, is changing radically insufficient.
"Industrial design has not changed for nearly two years. Unless it begins a very different phone, it is difficult to sell the product at a higher price, "said Roxy Wong, an analyst at Mirae Asset Management Hong Kong.
"HTC does not have an advantage against Apple and Samsung. He hardware specifications out against Apple, Samsung, but no. It takes time for companies to improve brand image, so the room for HTC to improve sales is not much less than the price decline begins. "
and BlackBerry maker Research in Motion, from HTC are the worst performers among its peers in smartphones this year, down from 62% to a record high in late April that sales growth slowed and investors have been frightened by two profit warnings. RIM share fell 70% this year.
- Doubts increased when HTC last week reduced its revenue projections for the fourth quarter without growth, surprising a flea market two and even growth rates in triple digits. About four times the normal number of shares changed hands on the HTC Friday in what was the busiest day of action for 27 months.
- Yung said investors are "questions" for the company, but HTC is to explain its strategy and reaffirms his confidence, and see no change in strategy for now.
CEO Peter Chou told Reuters in an interview in July that political philosophy was "everything that customers want, we ensure that we have a product for them."
who paid before making a market favorite HTC and sending its shares to a record high in April, helping the founder Cher Wang top of the Forbes list of richest in Taiwan this year. In its first 10 years since its founding in 1997, HTC grew from a manufacturer for brands such as Siemens and Vodafone brand in itself.
Find best price for : --Germany----Technologies----Huawei----iPhone----China----Samsung----Frost----Abhishek----Nokia----BlackBerry----Apple----Reuters----Yung----Winston----Bernhard----IPCom--
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