The smartphone maker in Taiwan, HTC Corp., reported on Friday that there is a fifty-eight percent fall in its second quarter revenue. This is the third straight quarterly decline of the company at the same time as there is an intensifying competition of sales from Apple Corporation and Samsung Electronics Co.

According to HTC, their profit came to 7.4 billion New Taiwan dollars or $248 million from the profit of NT$91 billion within the three several weeks through June. It has reported a seventy percent decline by the very first quarter along with a twenty-six percent drop by the final . . . → Read More: HTC revenue on a lower rate