Report says HTC, Asus, and Acer will all miss their smartphone shipment targets this year

According to a new report, three well known Taiwan-based smartphone manufacturers - HTC, Asus, and Acer - will fall short of their shipment targets for the year 2016.
The report, citing industry sources, says that HTC will likely ship a total of around 10-12 million smartphones this year, down from the 18 million figure it hit in 2015. Declining shipments to China, the US, and Europe is cited as the major reason for this.
Asus, which is the top player in Taiwan, is expected to ship around 20 million smartphones in 2016, down from the target figure of 25 million. And for Acer, the final figure will be less than 5 million, a drop of around 50% compared to the company's target.
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