HTC cuts smartphone development and shipment goals for Q1 2013?

HTCDespite a number of impressive smartphones, HTC has struggled against the Apple-Samsung juggernaut and seen its market share and sales fall significantly in the last year. HTC’s sales woes do not appear to be limited to its Android devices. The report indicates that sales of Windows Phone 8-based smartphones have also not met expectations. That trend looks to continue in early 2013 even as the company tries to turn its fortunes around.

HTC’s struggles are now having an impact in a number of areas for the company. According to Digitimes, HTC has suspended the development of several new smartphones for 2013. It has also revamped its product roadmap for 2013, likely by reducing the number of models it will offer. HTC has also reduced growth targets for Q1 2013 by half to between 10% and 15% from the original goal of between 20% and 30%.

HTC is expected to unveil its new flagship smartphone, the HTC M7, in early 2013, perhaps at Mobile World Congress.

Read more: Digitimes