HTC will be shutting down its office in South Korea, reports The Next Web. The reason for this is reportedly due to HTC's inability to compete with Korean companies like Samsung and even LG on their home ground, where sales of HTC devices are reportedly Â"sluggishÂ". Apple is the only other non-native company that has done well in this market.
This does not bode well for HTC, who is also losing ground to Samsung in other market. HTC barely managed to scrape a profit in the second quarter.
GSM Arena , HTC to shut down its office in South Korea, HTC to shut down its office in South Korea
