. HTC's stock was hit hard on Tuesday following news of Samsung's imminent Galaxy S III announcement, which couldn't have come at a worse time for the struggling Taiwan-based vendor. HTC's record growth in early 2011 was stunted later in the year as strong competition from the likes of Apple and Samsung shifted attention from the vendor's aging smartphone lineup. The company is now in the process of launching its new line of One-series smartphones including the One X and One S, however Samsung's announcement will come just weeks after HTC's international One-series roll-out began, posing a serious threat to the company's first-half comeback.
Boy Genius Report
See also:
computerworld, HTC rebound hits early rough patch
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