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19:25 07/07/2016

Struggling HTC sees promise in virtual reality, fitness devices

Once a major smartphone brand, HTC’s business has been shrinking over the years because of intense competition from rival brands, such as Apple, Samsung and a whole host of Chinese vendors. The company unveiled its HTC One series of phones in 2012, as a way to generate buzz for its new flagship products. But despite largely positive reviews from critics, the One phones continue to be overshadowed by rival products.