US sales of two new smartphones from Taiwan’s HTC Corporation will be delayed due to a patent dispute with Apple, a fresh blow to the company as it tries to turn around declining sales in what was once its largest market.
Shares in HTC tumbled more than 6 percent after it said shipments of the phones were being held up by US customs officials.
Apple scored a narrow victory against HTC in a patent lawsuit in December over technology in the smartphones, one of many such disputes in the fiercely competitive smartphone market.
To view the full article (note: you must be an scmp.com subscriber), visit scmp.com. (From seven days after publication, this article will appear in Archive Search.)
(Source: scmp.com)