HTC Full Form

High Tech Computer which is also known as the High-Tech Computer corporation is nowadays quite popularly known as the HTC Corporation. This company is a Taiwanese company. They are best known for manufacturing their smartphones and their tablets. The company was founded in 1997 by "Cher Wang" in a city named Taiyuan, which is in Taiwan. The smartphones of HTC are based on the version of android and windows mobile operating systems.

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In this section, we will basically talk about HTC long form and will cover HTC mobile full form, HTC Company full form, HTC full meaning. Let’s know more about this company. 

HTC Full Form

HTC is quite a popular company based in Taiwan. We use a number of gadgets belonging to this company, it is common to find HTC mobile in people’s hands. But, do people actually know HTC mobile full form or HTC long form? 

Well, they would know, the elongated form of HTC is Hight Tech Computer. HTC phone full form has the same expansion. Also, the company, High Tech Computer company (HTC Company full form) has this same expansion. In our next section, we will learn about the meaning of this name, or from where the name ‘HTC’ came from.  

HTC Full Meaning

As said, the full form of HTC is High Tech Computer. From the long form itself, we can guess what is meant by the name or what intention was played while keeping this name. The company basically promotes their brand feature (that is producing only high-tech computers) via their brand name. The name of the brand itself attracts the market, promising to deliver the highest technology ever.  

Insights on HTC

The corporation’s foundation

HTC Corporation (High Tech Computer Corporation. This company is trading as Hongda International Electronics Co., Ltd. This is a Taiwanese Consumer Electronics company which is headquartered in Xindian District, in New Taipei City of Taiwan. The company was founded in 1997, when it began as an original design manufacturer and an original equipment manufacturer, designing and manufacturing their laptop computers. 

The Company’s ‘First-Evers’

After this company initially making the smartphones which are based mostly on Windows Mobile, HTC became a co-founding member of the Open Handset Alliance which was a group of handset manufacturers and of mobile network operators who are dedicated to the development of the operating system called Android. The ‘HTC Dream’ which is marketed by T-Mobile in other countries was the first-ever phone on the market to run the operating system of Android.

Facing Competition

Though HTC was initially successful in the smartphone market, competition from Apple Inc. and Samsung Electronics diluted its market share effectively. HTC’s market share reached just 7.2% by the year 2015 in April. The company thereafter has experienced consecutive net losses. In the year 2016, HTC began to diversify its own business, they extended its production beyond smartphones, having partnered with Valve in order to produce a virtual reality platform which is known as HTC Vive. HTC could somehow sell roughly half of its design and research talent, non-exclusive rights to smartphone-related intellectual property to Google in the year 2017 for US$1.1 billion after collaborating with it in its Pixel smartphone.

HTC’s Android and Smartphones

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HTC also produced their first-ever Android smartphone in the market that was named ‘HTC dream’. HTC makes their own smartphones with android and with the Windows phone that is being operated as both systems. HTC also makes the PDA's. The brand normally creates a base design, this gives it a codename and then offers the device to be sold and to be rebranded by other companies. In the year 2006, HTC also started offering their own devices under their own name. The main reason behind their popularity is that the brand provides a very sleek and attractive design with a great user interface.

Facts and Figures

CEO, CFO, and the Board

HTC's active CEO and chairwomen are Cher Wang, she is the daughter of the late Wang Yung-ching who was the founder of the plastics and the petrochemicals conglomerate Formosa Plastics Group. Peter Chou, served as the head of the HTC Future Development Lab, and HT Cho is the Director of the Board and the Chairman of the HTC Foundation. The CFO of HTC is Hui-Ming Cheng. In addition to being the chairwoman of HTC, Cher Wang is also the acting chair of VIA Technologies. The main divisions of HTC include the IA (elongated as Information Appliance) which is the engineering division and the WM (which is the Wireless Mobile) engineering divisions.  

HTC’s Striking Growth

After being chosen as the hardware platform development partner for Windows Mobile by Microsoft, the company's growth has accelerated dramatically.  HTC also works with the brand ‘Google’ to build mobile phones running via Google's Android mobile OS like Nexus One. The company’s sales revenue totalled $2.2 billion (record of the year 2005) this is a 102% increase from the prior year. In the year 2005, HTC was thereafter listed as the fastest-growing tech company in BusinessWeek’s Info Tech. In the year 2010, Fast Company, ranked HTC as the 31st most innovative company in the entire world. 

Investing in R&D, Installing Offices 

The company is dedicated and thereby it invested in their research and development department, this accounts for a quarter for their employees. The company has its North American headquarters in Bellevue, Washington. HTC runs its software-designed office in Seattle, which is near their North American headquarters. In this software-designed office, the company designs its own interface for their phones. In the year 2011, HTC also has opened a research and development office in Durham, which is in North Carolina, this location was opened to focus on multiple areas of wireless technology. 

Historical Facts of HTC

The Historical Facts of HTC are Numbered as Follows:

1. The company was established in the year 1997 to produce the new generation of personal digital assistants or smartphones.

2. In the year 2000, HTC also bagged the contract to develop and also manufacture a PDA for Compaq Corporation.

3. In the year 2001, HTC reached an agreement with the Microsoft Corporation to produce a new generation of mobile phones, which are actually telephones.

4. In the year 2002, HTC released their first smartphone and the first wireless Pocket PC.

5. In 2004, HTC acquired the IA Style, thereby bouncing their revenue to $1 billion.

6. In 2005, HTC became the first company to introduce a smartphone that is based on the new Window Mobile 5.0 operating system.

7. In 2007, it acquired Dopod International, which is a mobile device company.

Clash with Apple Inc. 

In the year 2010, in March, Apple Inc. filed a complaint with the US International Trade Commission where the company claimed infringement of 20 of their patents covering the aspects of iPhone user interface and their hardware. To this, HTC disagreed with Apple. HTC reiterated its commitment to creating its innovative smartphones.

Next, HTC also filed a complaint against the company Apple for infringing on five of its patents and it also sought to ban the import of the products of Apple into the US from the manufacturing facilities in Asia. Apple also expanded its original complaint by adding two more patents with it. 

On the year 2012, 10th of November, Apple and HTC reached a 10-year license agreement where they covered the current and future patents that are being held by these two companies. Although, the terms of the agreement remain confidential.

Previously, Apple ignored HTC's long-held rights over the trade name called Touch by calling its new iPod range the same. 

HTC Sponsoring Sports

There are many sports where HTC acted as a sponsor. The list is as follows:

In Cycling

HTC sponsored the HTC-Highroad professional cycling team from the year 2009 to 2011. 

Active Participation in Football

In the year 2012, HTC became the official smartphone sponsor, sponsoring UEFA Champions League and also UEFA Europa League. HTC also sponsored shirts for the Indian Super League and also franchised North-east United FC in the year 2014, 2015, and 2016.   

Sponsored in Cricket

In the IPL (Indian Premier League) of 2015, HTC franchised Kings XI Punjab. According to their agreement, HTC would be the official principal sponsor of the team, and for this, the company's logo would occupy the right chest position on the Kings XI Punjab playing jersey.