The bad times get worse for HTC: the once-surging smartphone vendor warns Q2 sales will be down...

|By:, SA News Editor

The bad times get worse for HTC: the once-surging smartphone vendor warns Q2 sales will be down 16% Y/Y, as competition from Apple (AAPL), Samsung (SSNLF.PK), and perhaps also Chinese vendors result in additional share losses. HTC's quick reversal of fortune is proof Samsung, which now dominates the high-end Android space, can't rest on its laurels: the company is hoping its brand, engineering, and display technology edge will allow it to avoid HTC's fate.