Summary Box: HTC posts 70 percent profit drop
LOWER NUMBERS: Smartphone maker HTC Corp. reported a 70 percent drop in first-quarter profit as it faces keener competition from Apple Inc. and Samsung Electronics Co. Revenue was down 35 percent from a year earlier.
LOOKING AHEAD: HTC expects revenue to improve with the marketing of the "HTC One" series phone that offers users a better camera and music experience in addition to a sleek design.
ITS STRENGTHS: HTC has grown on the strength of the design of its handsets, based on Google's Android operating system.
