HTC to launch own-branded tablet next year, won't be ultra-cheap

While it’s not clear what kind of tablet the HTC-branded one will be, we know what it won’t be. HTC North Asia President Jack Tong told Focus Taiwan that the market for ultra-cheap slates (under $160) is not profitable - thus, HTC has no plans of releasing such devices. Jack Tong further mentioned that the importance of 7-inch tablets is now blurred by the popularity of extra-large smartphones.
source: Focus Taiwan

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