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Reports of HTC’s withdrawal from the smartphone market are greatly exaggerated, says company

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Photo: HTC Chairwoman Cher Wang, and Alice Sun's blog post

Photo: HTC Chairwoman Cher Wang, and Alice Sun’s blog post

A recent rumor that HTC was withdrawing from the smartphone market, and that the company would be offered for sale, have been denied by the company. HTC recently warned of a possible loss in Q3 following disappointing Q2 results.

The rumor was started by a post on the the Chinese microblogging site Weibo by EE Times Chinese analyst Alice Sun, a commentator with a generally good track-record. However, rumors of a denial swiftly followed, and Engadget has now received what appears to be a definitive denial of the sale – though interestingly no specific response is made to the suggestion that HTC is pulling out of smartphones … 
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Android 4.1.2 update released starting with Nexus 7, which also looks to get storage upgrade

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Today Google announced on its Android Building group that Android version 4.1.2 is being released to the Android Open Source Project, the same build spotted running on an LG Nexus prototype yesterday. While the update is listed as minor by Google, improving performance and fixing bugs, it also enables the ability to enter landscape orientation for the Home screen on the Nexus 7. According to reports from Android Police and others, Nexus 7 users are already seeing the 31.3MB update arriving over the air. We have yet to see the update ourselves, but the images above and below come from EETimes.

In other Nexus 7 news, Phandroid pointed us to a retailer’s inventory listing showing the 16GB model as “end of line” and indicating the model would be replaced with a 32GB variant. It’s unclear exactly what this would mean for pricing of the 8GB and 32GB models, but it looks like Google might be planning to drop the 16GB and lower pricing on the remaining models. 
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