Taiwan-based HTC Corp., facing a potential loss in its patent fight with Apple, has announced it will buy back 20,000 units of its stock starting today to salvage its share price, which has experienced a nosedive lately.
The announcement was made at 11:53 p.m. Saturday, after the premier smart device manufacturer called a special board meeting to discuss the string of issues that have strongly impacted the firm's share price and shaken the confidence of its shareholders.
