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[androidpit] HTC On The Verge Of Collapse? Taiwan Bank Proposes Bailout

post #1 of 69
Thread Starter 
Quote:
HTC’s recent blow was actually no fault of their own. As we reported yesterday, Onlive, a popular cloud based gaming company, recently announced that they were in the process of restructuring their company, and that many employees would have to be laid off due to the high infrastructure costs of running their gaming platform. The problem for HTC is that back in February of 2011, HTC made a 40 million dollar investment in Onlive, with hopes that it would bring more online games to their phones. I personally thought that Onlive was a pretty awesome concept, and can understand why they made that investment.
HTC’s market share has dropped so dramatically in the past year or 2 (27% since Q2 of one year ago) that I can’t imagine at this point how they can get back in the game. The company is literally crumbling, and I really wonder how things got so bad for the company that delivered so many great devices.
When I say bad, I mean really really bad folks. Recently, the Taiwan Central Bank proposed a bailout in an effort to save the company, and when banks have to get involved with big corporations, it’s generally not a good sign. HTC is still a profitable company, but with such relentless competition from Samsung and Apple, their numbers are dropping fast enough that banks are beginning to get very nervous. This could quite literally be the beginning of the end.
http://www.androidpit.com/htc-bailout
post #2 of 69
If the HTC One X had a removable battery, and Micro SD card, people would be buying it over the GS3.

Instead, they send their HTC One EVO 4G to Sprint.
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post #3 of 69
Quote:
Originally Posted by 2010rig View Post

If the HTC One X had a removable battery, and Micro SD card, people would be buying it over the GS3.

Quoted for truth.

I own a SGS3 cause of those 2 factors.
post #4 of 69
Wait, so why did OnLive basically destroy itself? The way I've been hearing it recently, it sounds like OnLive got itself adopted then burned the house down or something.
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post #5 of 69
Quote:
Originally Posted by geoxile View Post

Wait, so why did OnLive basically destroy itself? The way I've been hearing it recently, it sounds like OnLive got itself adopted then burned the house down or something.

Tried to bring streaming gaming to the whole market when, barely anyone could use it due to slow internet speeds or lack of usable bandwidth. It was a good idea just not viable right now at least for north america.
post #6 of 69
Agreed with the above, back in the days when the Nexus One was out that phone was miles ahead of anything else. They've lost the spark.
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post #7 of 69
Sad.. My wife just bought the HTC Desire C. Won't do well if the company supporting it tanks within 3 years frown.gif

The HTC Amaze 4G was a wicked phone at the time as well, great camera.
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post #8 of 69
Shame really because I love HTC phones! Maybe Google will add HTC to the family just like they did with Motorola.
post #9 of 69
Quote:
Originally Posted by Mr Frosty View Post

Shame really because I love HTC phones! Maybe Google will add HTC to the family just like they did with Motorola.

That would be great, HTC makes some of the best looking phones with great build quality and materials.
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post #10 of 69
HTC used to be the poster boy for awesome non-iphone smartphones, oh how the mighty have fallen.
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Overclock.net › Forums › Industry News › Rumors and Unconfirmed Articles › [androidpit] HTC On The Verge Of Collapse? Taiwan Bank Proposes Bailout