HTC faces short supply of One Mini, says report
Supply constraints of the small smartphone could lead to HTC's first loss ever this quarter, says Reuters.
HTC reportedly doesn't have enough One Mini smartphones to go around, a predicament that could take a bite out of the company's results this quarter.
The supply problems due to a casing shortage, the result of difficulties in its design, a source familiar with the matter told Reuters. Demand for the phone is not being met, according to another source. Analysts project that HTC is shipping around 200,000 units each month.is facing
As a result, the company could be in store for its first-ever loss this quarter on top of already weakened sales, Reuters said.
HTC has been hurting financially as it struggles to claim a bigger chunk of a smartphone market dominated by Apple and Samsung. Its flagship phone, the HTC One, was delayed earlier this year due to technical issues. That delay contributed to a.
An HTC spokesperson said that the company doesn't comment on rumors or speculation.
Updated 12:15 p.m. PT with response from HTC.