HTC sues bank Citigroup, the false information had ... - Finance.cz

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Patria.cz 13.12.2011

class=”perex”> Taiwanese company HTC, which is the fourth largest manufacturer of smartphones in the world, appealed to the giant U.S. bank Citigroup. HTC according to local judicial sources said that Taiwanese banks part of the company published false information that contributed to the decline in share price the company. They spring from losing more than 65 percent of the value. HTC is the rapid and successful entry to the smartphone market, where there is fierce competition has become the darling of investors. This remained until just this spring, when a stock company temporarily sold well in more than 1,200 Taiwan dollars (TWD, about 767 CZK), before gradually decreased up to 400 TWD. Reuters reported that gloss, which HTC recently surrounded, it begins to fade. HTC said to face fierce competition, which for them represents mainly the iPhone from Apple American, as well as the Galaxy model range from South Korean manufacturer Samsung Electronics.

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Taiwanese HTC, which is the fourth largest manufacturer of smartphones in the world, appealed to the giant U.S. bank Citigroup. HTC according to local judicial sources said that Taiwanese banks part of the company published false information that contributed to the decline in share price the company. They spring from losing more than 65 percent of the value. HTC is the rapid and successful entry to the smartphone market, where there is fierce competition has become the darling of investors. This remained until just this spring, when a stock company temporarily sold well in more than 1,200 Taiwan dollars (TWD, about 767 CZK), before gradually decreased up to 400 TWD. Reuters reported that gloss, which HTC recently surrounded, it begins to fade. HTC said to face fierce competition, which for them represents mainly the iPhone from Apple American, as well as the Galaxy model range from South Korean manufacturer Samsung Electronics.

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