HTC is desperately trying to stay afloat with its endless losses

The mobile market has been experiencing some changes these past couple of years as South Korean and Taiwanese companies continue to lose ground to their Chinese competitors. With more than $265 million in losses last quarter and even more losses to come, no company understands this as well as Taiwan’s HTC. The company announced that it will be cutting jobs and focusing more on high-end smartphones in order to stay alive, but will that be enough.