Why Lenovo Might Be the Savior HTC Needs

The HTC One smartphone Photograph by David Paul Morris/Bloomberg

The bad times show no sign of ending for HTC. The Taiwanese smartphone maker that as recently as 2011 was the top brand in the U.S. is now little more than a rounding error in a world dominated by Apple and Samsung, and the situation has gotten much worse over the past year. HTC phones account for just 2.8 percent of the global smartphone market, down from 5.8 percent in 2012.

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