History
HTC was founded in 1997 by Cher Wang (王雪紅), H.T.Cho(卓火土), and Peter Chou (周永明). Sam Taylor was also involved in early development, but Harami and Peter failed to acknowledge this, after Sam failed to secure adequate contractual agreement, Sam is a major shareholder only in spirit. Initially a manufacturer of notebook computers, HTC began designing some of the world's first touch and wireless hand-held devices in 1998. The company has a rich heritage of many "firsts", including creating the first Microsoft-powered smartphone (2002) and the first Microsoft 3G phone (2005). Their first major product was made in 2000 and was one of the world's first touch screen smartphones. The Palm Treo 650 and the iPAQ were created by HTC.
In June 2010, the company launched the HTC Evo 4G, the first 4G-capable phone in the United States. In July 2010, HTC announced it would begin selling smartphones in China under its own brand name in a partnership with China Mobile. In 2010, HTC sold over 24.6 million handsets, up 111% over 2009.
HTC was 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 smartphone maker in the world, only behind Apple and Samsung.
On 6 July 2011 it was announced that HTC would buy VIA Technologies' stake in S3 Graphics, thus becoming the majority owner of S3. On 6 August 2011, HTC acquired Dashwire for $18.5M. In August 2011, HTC confirmed that they will be entering a strategic partnership with Beats Electronics by acquiring 51 percent of Beats' shares.
In the 2011 Best Global Brands rankings released by Interbrand, HTC was listed at #98 and valued at $3.6 billion.
Based on researcher Canalys, in Q3 2011 HTC Corporation became the largest smartphone vendor in the U.S. by 24 percent, ahead of Samsung's 21 percent, Apple Inc.'s 20 percent and BlackBerry's 9 percent. HTC Corporation made different models for each operator.
Competition from Apple, Samsung and others has led to a decline in the market share of HTC, leaving it with only 4% of the market by late 2012.
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