Htc Company Analysis

test boss HTC corpORATION 1 HTC CORPORATION INSHA SHAH UNIVERSITY OF AKRON Running head HTC CORPORATION 2 HTC AT A GLANCE HTC pot (originally High Tech Computer community) is a smart phone maker founded in 1997 and based in Taiwan, as an outsourcing company. HTC Corpo ration prides itself on fling open source bustling phones which atomic number 18 easy for both developers and users, and has quick bring ined its reputation as a leading company evictisterful many an(prenominal) of the markets most popular operated branded-devices. According to the HTC profile on the Wikipedia Online encyclopaedia HTC retains approximately 13,000 employees.They follow the typical tall organizational structure with many layers between workers and the CEO. It is senior highly centralized top decisions argon made by the CEO of the company. HTC commode has launched several major HTC- Branded products on the multinational market with the intention of becoming the leading mod supplier of a lert information and communication devices. In fact, HTC Corporation was the origin on the internationalist market to tour the Android smooth device platform through with(predicate) with(predicate) its HTC Dream hardware, marketed as the T- wandering(a) G1 model.In support of this, HTC Corporation has expanded its technological and grocery store strength through partnership with major player Microsoft and leading mobile phone operators of Orange, O2, T-Mobile, Vodafone, Cingular, Verizon, Sprint and NTT DoCoMo (HTC. Com). Most recently in Australia, HTC Corporation launched its troikasome latest handsets- HTC Snap, HTC Touch Diamond2 and HTC Touch Pro2 to add to its 11 devices mensesly in the Australian market. The new engineering science founded in these highly popular products is intentional to be finger-touch friendly, with improved mobile integration technology, and dual microphone and speakers.The HTC Corporations newest feature is the inner circle which allows the users to bring emails from a preselected assembl be on to a top of their inbox, making business on the go all the same easier (mobile. com). HTC Corporation Product Innovation includes ? ? ? ? ? ? Open Handset Alliance Smartphone S series ( Smartphone) T Series (Touch Phone) P series (PDA Phone) X Series ( Mobile Computer) A Series ( Android Phone) According to the source of mobile. com, HTC at present specializes in providing its own and other operator branded products in accompaniment to its original equipment manufacturer partners.HTC has a subsidiary company, Dopod, a Taiwan-based manufacturer of Windows Mobile Smartphones. As a company, HTC Corporation has gone from strength to strength, with HTC receiving recognition as the second-best performing technology company in Asia in 2007 by BusinessWeek, and the outcome three spot in its Global Listing in 2006. Running head HTC CORPORATION 3 The size of the corporation can be classified in two ways (I) by tax income and (II) by market jacket crownization. According to the report from Taiwan Economic News, HTCs Market Capitalization has recently climbed to $438 billion.Also the corporation shipment and revenue continues to work to $9. 449 billion. COMPANY PERSPECTIVE Their mission is to become the leading supplier of the mobile information and communication devices by providing value added designs, world-class manufacturing and logistics and service capabilities. HTC continues to establish a high volume manufacturing facility and its center on high wireless cap ability. They intend to develop a software team unfastened of creating a world class consumer and business application that will enhance the value of their hardware.HTC is dedicated to the belief that each mobile device needs to fit its owner. Their goal is to make a product of observing, honoring how individuals ingest to interact with a technology. Their mission is to strengthen the relationship through innovative design strategies and so phisticated branding initiatives (HTC. com) HTCs vision is to address the communications and administration needs of a professional organization of all sizes with transcendent platforms and sophisticated branding initiatives. Their focus is to make peoples ives easier through mobility and convenience. They want users to be equal to talk to friends and relatives, read books and access the net on one device. With their smartphone they have started to play this vision come true(a) (HTC. Com). HTCs value ? ? ? Excellence in everything they do Commitment to clients, brands, projects and sedulousness. discover in dealing with clients, suppliers, employees (fastcompany. com) CULTURE AT HTC HTC prides itself on its tender-edge technology and innovative spirit. From studying its own website, HTCs culture is competitive and diverse.Under the Careers tab, club different employees pictures are featured with a video advertising HTCs appeal as an employer. Five of the nine employees pict ured are women three are women of color, and all nine employees appear to be under the age of 40. HTCs culture is hip, diverse, and fastpaced. The video stressed that technology is constantly ameliorate and the best idea rather than the biggest title moves forward. This shows that the culture at HTC values creativity and competition (HTC. Com).HTC makes annual donations to the Social Welfare and Charity invention or Educational metrical foot. This foundation funds leadership and character readying for elementary, junior high and senior high students, cosponsors local community tuition and urban cultural revitalization efforts, targets the special needs of disfavor groups, and provides disadvantaged children opportunities to further their academic careers. Running head HTC CORPORATION 4 The HTC Foundation established the nations send-off institute dedicated to character-building and English training in the Hualiens Meilun District.The institute provides character-building and English enhancement curricula free of charge to fourth chassis elementary school students from around Hualien County. In addition, the Foundation offers scholarships for children with special pecuniary needs and financial aid to low-income families and sponsors after-school tutoring programs. Each year, Foundation disbursements reach over 2,000 youth from disadvantaged families both in Taiwan and oversea (HTC. Com). HTC STRATEGY HTC Corporation uses a differentiation strategy to attract customers expression for more choices.HTC expects differentiation product in terms of innovation and execution. They focus on innovation and execution to enhance product proposition and offer consumers a variety of products. When they think of increasing the quality and the variety of the product, they first consider what the customer will value. They are offering a great range of product lines to outperform their competitors like Apple and Nokia. HTC has produced an amazing number of phones, a ll of which have an impressive array of applications and features.They do have the cutting edge when it comes to hardware, but if a consumer cant afford these more expensive versions HTCs older models (like the Hero) are still well built and functional. In addition, HTC offers a variety of body forms and builds, including some devices with physical keyboards (htc. com). FINANCIAL POSITION To phantasm on the financial stability of the HTC CORP I used liquidity ratio and leverage ratio. The liquidity ratios flyer the companys ability to cover its expenses. The two main liquidity ratios I used to lose it the companys financial health are received ratio and quick ratio (investing. businessweek. om). 1) The Current Ratio is a reflection of financial health. It is the number of times companys current assets exceeds the current liabilities, which is the version of the solvency of that business. The formula to compute the current ratio is Using the earlier equaliser Sheet data of the HTC CORP, we can compute the companys current ratio as = = 1. 3 times This tells us that the current liabilities are covered by current assets by 1. 3 times. The HTC CORP is able to cover their short term expenses which are meant to be covered with in a period of one year. 2) The Quick Ratio is also called the corrosive test ratio.This is because it looks at the companys most liquid assets and compares them to current liabilities. The quick ratio tests whether a business can meet its cartel even if adverse conditions occur. The formula to compute the quick ratio is Assets considered organism quick assets include cash, bonds, stock, and accounts receivable. Using the Balance Sheet data of the HTC CORP, we can compute the quick ratio of the company as Running head HTC CORPORATION = = = 1. 1 times 5 This indicates that the ratio is considered satisfactory, as desire as the collection of the receivables is not expected to slow.So the HTC CORP seems to have decent resources to cover its debts. In order to identify the long term coverage of the company, we are focusing on one of the main leverage ratios. leverage ratio measures the stability of a company and its ability to repay its debts. These ratios are of particular interest to banks. They should be of interest to shareholders as well since it gives the sloshed indication of the financial health and the viability of the business. 3) The Debt-to Equity Ratio is a measure of how dependent a company is on a debt financing as compares to owners equity it shows us how a great deal of a business is owned and how much is owed.The Debt-to-Equity ratio is computed as follows Using the Balance Sheet data of the HTC CORP we can compute the debt-to equity ratio Times Since the Debt-to-equity ratio is great than 1, i. e. , (1. 8 times), the capital provided by the lenders exceeded the capital provided by the owners. But because of the greater ratio it has high risk defaults too. It varies with the type of business a nd the risk view of management. Year over year HTC has been able to grow over their piece of tail line from $29 billion to $59 billion primarily through revenue growth ($142. 9 billion to $277. 7 billion).For a speckle the costs associated with cost of goods sold, and income tax all increased as a percentage of sales, the growth in top lines revenues contributed enough to still see net income. HTC Corporation uses little or no debt in its capital structure and may have less financial risk than the industry aggregate. Accounts Receivable is typical for the industry, with 58. 31 days worth of sales outstanding. Lastly, HTC Corporation is among the least efficient in its industry at managing inventories, with 30. 39 days of its Cost of Goods Sold tied up in Inventories (investing. businessweek. com). Therefore the general financial tability of the corporation is stable and healthy. They have adequate resources to cover their debts and unanticipated uncertainties. MY CAREER at HTC Yes, HTC could be good place to obtain my first career oriented-position. HTC is the part of the global market that breeds flexibility, new technologies and innovation. It will urinate a platform for the new opportunities to explore and do creative things. I fit the HTC profile of being young, educated and a global citizen bandage growing up in Kashmir and going to college in America, Ive relied on technology and most recently, my own smartphone, to navigate my day.I would bring creativity and a fresh perspective to HTCs worktable. Running head HTC CORPORATION REFERENCES Bloomberg Businessweek. (2012, April 10). Retrieved from http//investing. businessweek. com/ interrogation/stocks/financials/financials. asp? ticker=2498TT 6 HTC Corporation. (n. d. ). Retrieved from http//www. htc. com/us/about/careers/industrial-designer-corporate-strategy-office/422 HTC Corporation. (n. d. ). Retrieved from http//www. htc. com/us/about/social-responsibility HTC. (n. d. ). In Wikipedia Online En cyclopedia. Retrieved from http//en. wikipedia. org/wiki/HTC