HTC Faces Taiwan Insider Trading Probe
U.S.-based computer giant Apple and its chief Taiwanese competitor, HTC, have settled a series of patent lawsuits involving, among other things, the iPhone. But, since the two consumer electronics companies made the unusual announcement on Sunday, Taiwan's stock market authority has started investigating why once-troubled HTC share prices shot up to their daily limit.
The Taiwanese firm, whose name stands for High-Tech Computer, watched its global smartphone market share grow to 8.5 ...
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