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HTC suddenly quits Brazilian market

06/22, 8:46pm

High taxes, low market penetration factors in departure

HTC has not only cancelled the planned launch of the One series of Android phones in Brazil, it has announced plans to pull out of the Brazilian market entirely. The company will maintain a skeleton force in the country to support current devices. HTC's marketshare, at 0.11 percent, is last in the country -- behind Nokia, Samsung, Apple, Sony, LG, Motorola, RIM, and ZTE.

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