HTC shares fall 5.2% on the Taipei exchange after the once-surging smartphone maker posts Q4...

|By:, SA News Editor

HTC shares fall 5.2% on the Taipei exchange after the once-surging smartphone maker posts Q4 results that missed analyst estimates in spite of a November warning. Moreover, in further evidence of Apple (AAPL) and Samsung's dominance of the high-end smartphone space, HTC forecasts Q1 revenue of $2.2B-$2.4B, below a $3B consensus. Competition from Chinese vendors could present another challenge.