Taiwan’s HTC Q3 net lags forecasts

Taiwan’s HTC Corp, the world’s fifth-largest smartphone maker, said third-quarter net profit fell 79 per cent, missing forecasts, as its flagship phones failed to keep pace with the Apple’s iPhone and Samsung Electronics’ Galaxy range.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1056376/taiwans-htc-q3-net-lags-forecasts