Reports indicate that HTC is canceling the planned launch of its One series in Brazil and ending all phone sales in the country. As it's exiting the Brazilian market, a number of HTC's employees will lose their jobs, although the company will maintain a presence in the country to offer support for current devices. The news was first broken by Brazilian magazine Exame. When called for confirmation, a HTC representative told AndroidPIT that "after analyzing the sales numbers, we have decided to pull out of the Brazilian market."
Brazil is becoming an increasingly important market for phone manufacturers, and its citizens bought 8.9 million smartphones last year. Analysts have predicted that Brazil will overtake the UK to become the world's...
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