HTC Pulls Out of Brazil

HTC is closing its office in São Paulo, as the Taiwanese smartphone maker faces growing headwinds amid intensifying competition from rivals at different price points.

Wall Street Journal
Jun 24, 2012

TAIPEI—HTC Corp. said Saturday it is closing its office in São Paulo, which mainly oversaw sales and distribution in Latin America, as the Taiwanese smartphone maker faces growing headwinds amid intensifying competition from rivals at different price points.

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