Saturday, May 25th 11:37 PM IST

HTC Corporation.

HTC Corporation
ORGANIZATION
HTC Corporation (traditional Chinese: 宏達國際電子股份有限公司) (TWSE: 2498), formerly High Tech Computer Corpora
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Struggling smartphone maker HTC Corporation, which was counting on its HTC One device to help them make a comeback in the smartphone market, has now delayed the launch of the flagship phone. According a report in the Wall Street Journal HTC Corp is pushing back the rollout of its new flagship smartphone due in part to some component shortages. (Subscription access only. To read report click here.) The HTC One was expected to hit the Indian markets by April, but the phone could now get delayed further thanks to supplier issues. The report quotes an HTC executive as saying that the company has a had a problem managing its component suppliers as HTC changed its order forecasts drastically and frequently following last year's unexpected slump in shipments. The executive added that HTC has had difficulty in securing adequate camera components as it is no longer a tier-one customer.