HTC on Top of Nokia with Market Share of $33.9 Billion

According to All Things Digital, HTC Corporation, a Taiwan-based company has a market capitalization of worth $33.9 billion. These are remarkable numbers for a company when compared to its two competitors which were far larger than HTC and that was a matter of few years.

Recently, HTC crossed market capitalization of RIM’s that stands at $28.5 billion presently. Now, in this week HTC achieved another landmark by passing market capitalization of Nokia that stands at $32.8 billion at the time. Although, the company has involved in the designing and publishing of smartphones for roughly as long as Nokia and RIM, the main reason for the raised popularity of HTC is its early inclusion of Google Android. This step of HTC raised the value of the company by 30 times the value it had five years ago. HTC is also planning to come up with Windows Phone which is yet to be explored.

For those who are not aware of market terms, market specialization is the share price times the number of shares outstanding – shares which have been authorized, issued, and purchased by investors of a widely traded company. It is basically regarded as a public opinion about the company’s net value and is a kind of process to reckon the growth of any business.

Like many other companies who are involved in the production of smartphones, HTC is aiming to make its share in the tablet market as well in the current year as somewhere this year the HTC Flyer, a 7-inch tablet is going to make its debut.

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