HTC: Due to Low Sales, Have Decided to Pull Out of the Brazilian Market

According to a recent comment made by an HTC representative, the handset maker is looking to scrap plans to launch the One Series in Brazil due to a serious lack in previous sales numbers. Subsequently, the company is reported to pull out of the market completely, but will retain a small presence to offer support to current owners.

With projections that show Brazil to be a Top 5 Smartphone market by 2016, it may seem out of character for HTC to abandon the area, but with a market share of a whopping 0.11% in Q1, maybe it’s for the best.

Via: The Verge

This post was last modified on June 22, 2012 9:30 am