Penelope Lane

HTC announces job cuts amid pressure from Xiaomi, Apple

HTC said Thursday that it will cut jobs and discontinue some of its models in order to compete with market leaders like Apple and Samsung in high-end devices. This is due to significant losses in market share for the Taiwanese company during this year’s second quarter. In 2015, HTC shares have fallen 51 percent. “The cuts will be across the board,” HTC Chief ...

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Mi Home Hits Taiwan

Xiaomi debuted its first “Mi Home” showroom in Taiwan to local media and “select fans” Thursday, in an attempt to build a loyal community of consumers. The showroom sits close to the Xingtian Temple station on the Taipei Metro, with over 2,500 square feet of floor space, providing more tangible services and experiences beyond e-commerce such as maintenance, product returns, ...

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