Struggling mobile device maker HTC has agreed to sell its remaining 24.84 percent stake in Beats Electronics back to the audio technology firm for $265 million.
HTC chose Friday the 13th to lay off around 30 employees and contractors at its U.S. facilities, or about 20 percent of its workforce at HTC America, The Verge is reporting.
Microsoft's purchase of Nokia is doing nothing to pull in app developers, at least in the short term. Developers have expressed little enthusiasm for Windows Phone, and unless Microsoft dramatically boosts device sales, that isn't changing anytime soon.
HTC is developing a custom mobile operating system targeting the massive Chinese consumer market, sources told The Wall Street Journal.
HTC confirmed that all North American variants of its flagship One smartphone will upgrade to Google's Android 4.3 by the end of September, bypassing Android 4.2 in the process.
Insiders say Nokia currently accounts for 80 percent of all Windows Phone unit sales, followed by Samsung Electronics, while HTC--once the alpha dog among Windows Phone vendors--has seen its share of the market dwindle below 5 percent worldwide. Now DigiTimes is reporting that HTC is "likely to drift away from Windows Phone" in favor of going all in on Google's Android.
A widespread vulnerability in Android devices could enable an attacker to turn a legitimate app into a Trojan and steal corporate data, retrieve password and account information, and record phone conversations, warned security firm Bluebox Security.
Apple ranked as the top smartphone maker in the United States with 39.2 percent of market, but second place Samsung posted the highest sequential growth rate, according to an online survey by comScore's MobiLens service
The U.S. International Trade Commission launched a probe this week into allegations that a Taiwanese mobile handset maker infringed on Nokia patents
The future smartphone market will definitely grow, but at what rate depends on which research firm you consult.