HTC posts record-low quarterly profit after delayed phone launch


TAIPEI: HTC Corp reported a record-low quarterly profit on Monday that missed analysts' estimates after it delayed the full launch of its 2013 flagship smartphone model, which will now debut against Samsung Electronics' newest Galaxy.

A shortage of cameras meant HTC managed to introduce its latest HTC One phone in just three markets by the end of the first quarter instead of the planned 80. It does not expect to kick off sales across Europe, North America and the Asia-Pacific region before the end of April.

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