HTC with Microsoft afterwards due to Nokia's dominance in Windows Phone devices, and started focusing solely on Android. On 1 March 2015, HTC unveiled Vive, a virtual reality head-mounted display in collaboration with Valve Corporation. In June and October 2015, HTC reported net losses; the company has faced increased competition from other smartphone makers, including Apple, Samsung, and others, which had resulted in a decline in its smartphone sales, as well a major loss of market share. Its smartphone market share had risen back to 7.2 percent in April 2015 due to its strong sales of recent devices, but HTC's stock
Nokia When the Lumia 920 was announced in September 2012, it was seen by the press as the first high-end Windows Phone that could challenge rivals due to its advanced feature set. Elop said that the positive reaction to it had created a sense of hope and optimism in the company. The company was also making gains in developing countries with its Asha series, which were selling strongly. Although Nokia's smartphone sales and market share greatly increased throughout 2013, including in the North American market, it was still not enough to avoid financial losses. Ollila stepped down as chairman on 4