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Taiwan’s top banker advises government to help HTC

Categories: HTC
By: , IntoMobile
Saturday, August 11th, 2012 at 2:04 AM
Taiwain's top banker advises government to help HTC

HTC has seen better days and is still having hard time convincing users to buy their products (rather than Samsung’s). Even though we like the HTC One X, it seems that its awesome specs sheet isn’t enough to take HTC back to profitability. Heck, it looks like the situation is getting super-cereal when Taiwanese central bank governor Perng Fai-nan called on the government to react and help HTC get its mojo back.

HTC is one of Taiwan’s biggest exporters and its fate is closely linked to the fate of the whole country. The other question is what the World Trade Organization thinks about the government helping a local company which competes in the global marketplace? And besides, I’m not sure how they can help it. It’s not like that more money necessarily boosts innovation and bring better products to the market. Sure enough, Samsung is sitting on a bigger pile of cash, but we all remember the days when Nokia used to rule the mobile world.

The epilog is still unknown, but apparently the country’s Ministry of Economic Affairs is already discussing means of helping the ailing phone giant. We’ll see where that goes…

[Via: somobile]

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.

  • Anonymous

    Sucks! 

  • Boyd Jones

    “Taiwan” not “Taiwain”.  

    • Dusan Belic

      Good catch. Guess I was super tired when writing it. :)

  • Boyd Jones

    Happens to the best of us. Feel free to delete my comments after you correct the spelling (if you so choose). ;)