HTC has issued yet another warning (previous). The Taiwanese smartphone maker is slashing its Q2...

|By:, SA News Editor

HTC has issued yet another warning (previous). The Taiwanese smartphone maker is slashing its Q2 revenue forecast by 13% to $3.03B due to weaker-than-expected U.S. and Euro sales. The company adds May sales fell 26% Y/Y, contrasting sharply with the smartphone market's strong growth. Share losses to Apple (AAPL) and Samsung (SSNLF.PK) are clearly a major culprit, but did slowing growth in Western markets also play a role?