Submitted by: Submitted by kernyewe
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Category: Business and Industry
Date Submitted: 10/06/2011 01:30 PM
HTC Corporation was formerly known as High Tech Computers Corporation. HTC Corporation is a Taiwanese company that manufactures smart phones. HTC Corporation was founded in 1997 by Cher Wang, HT Cho and Peter Chou. It was initially a company that manufactures laptops but then HTC stop with laptops and they began designing some of the world’s first touch and wireless hand-held devices in 1998. The famous “Palm” back in the days where created by HTC. Palm is a smart phone that runs on Microsoft’s operating system. Besides that, HTC also made the world’s first Android phone in 2008 which is called the “HTC DREAM”. The company initially made smart phone base on Microsoft’s OS, but starting from 2009, they began to focus more on Android OS base and then in 2010 they also began to focus on windows phone OS as well.As we can know their phones are now well known throughout the world and now the most famous HTC phones in the market now are the HTC desire.
The company's growth has accelerated dramatically ever since being chosen by Microsoft as a hardware platform development partner for the Windows Mobile OS. HTC is also currently working with Google to build mobile phones running Google's Android mobile OS. HTC's sales revenue totalled $2.2 billion for 2005, a 102% increase from the prior year. It was listed as the fastest-growing tech company in Business Week’s Info Tech 100.
HTC was also named the "Device Manufacturer of the Year" for 2011 by the GSMA at the Mobile World Congress on 16 February 2011. In April 2011, the company's market value surpassed that of Nokia to become the third largest smart phone maker in the world, only behind Apple and Samsung. In the 2011 Best Global Brands rankings released by Interbrand, HTC was listed at #98 and valued at $3.6 billion.