| Thread Tools |
31st July 2012, 06:53 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,634
| HTC shuts Seoul office, leaves Korea to the Koreans Having already pulled out of Brazil and shut down a research building in North Carolina, HTC has now closed its office in the South Korean capital of Seoul. The move is part of the Taiwanese manufacturer's efforts to "streamline operations" and focus on selling One-branded handsets in markets where it stands a better chance of success -- rather like Nokia's geographic retreat following its commitment to Windows Phone, but here on a much smaller scale. It's not yet clear how many jobs will be lost, but HTC says it regrets the "direct impact on people who have contributed to the growth HTC has experienced in the past several years." As it stands, analysts reckon that Korean manufacturers like Samsung, LG and Pantech rule a 90 percent share of their home market, leaving HTC with just one or two points that evidently weren't worth clinging onto. http://www.engadget.com/2012/07/30/h...-korea-office/ |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Microsoft Office 2013 & Office 365 | Stefan Mileschin | WebNews | 0 | 17th July 2012 09:18 |
AMD's 2012 - 2013 Server Roadmap: Abu Dhabi, Seoul & Delhi CPUs | Stefan Mileschin | WebNews | 0 | 3rd February 2012 06:58 |
OCZ Technology Shuts Down Hypersonic High-End PC Business | jmke | WebNews | 0 | 24th March 2010 11:34 |
China shuts the door on foreign tech | jmke | WebNews | 0 | 15th December 2009 10:49 |
Duke Nukem Gone Forever : 3D Realms Shuts Down | jmke | WebNews | 0 | 7th May 2009 09:57 |
Microsoft Shuts Down 'Flight Simulator' Game Studio | jmke | WebNews | 0 | 25th January 2009 19:30 |
Google shuts down desktop search flaw | jmke | WebNews | 0 | 21st February 2007 14:11 |
Thread Tools | |
| |