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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read WRAPUP 9-Obama, lawmakers fall short on US debt deal 11 Jul 2011 Euro shaken by debt crisis; dollar benefits 11 Jul 2011 Scientists find first superbug strain of gonorrhea 11 Jul 2011 News Corp may be at risk for U.S. probe over bribery 11 Jul 2011 Minnesota shutdown longest in recent history, no new talks 11 Jul 2011 Discussed 110 Obama, lawmakers meet for 75 minutes on debt impasse 103 Jury resumes deliberations in Casey Anthony murder trial 64 Obama faces new obstacles in high-stakes debt talks Watched A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 War of words heat up U.S. debt fears 2:52am EDT Royal humor ahead of Polo match Sat, Jul 9 2011 HTC down after Apple's new patent lawsuit Tweet Share this Email Print Related News Apple files fresh patent complaint against HTC Mon, Jul 11 2011 Analysis: Apple-Samsung battle may spur supplier shakeup Mon, Jul 11 2011 Struggling LG slashes phone sales targets Thu, Jul 7 2011 Samsung quarterly profit falls as weak LCDs overshadow mobiles Thu, Jul 7 2011 HTC limit-down on slower demand, corp governance concerns Wed, Jul 6 2011 Analysis & Opinion Tech wrap: Apple vs HTC, round two Tech wrap: Apple hits new app download milestone Related Topics Technology » Hot Stocks » Asian Markets » Media » Steve Jobs » A new HTC Android-based smartphone Sensation is displayed during a news conference for the launch of the product in Taipei May 27, 2011. Credit: Reuters/Pichi Chuang TAIPEI | Mon Jul 11, 2011 11:30pm EDT TAIPEI (Reuters) - Shares in the world's No.5 handset maker, HTC Corp, tumbled more than 4 percent on Tuesday, after Apple Inc sued the company in a fresh complaint with a U.S. trade panel. Fund managers said investors sold off HTC in a market that was already reacting to unconfirmed speculation. "There are rumors out there that HTC would need to pay Apple T$20 billion ($693.64 million) in compensation, but the truth is the preliminary determination of the lawsuit shouldn't involve any monetary compensation." said Mike Fang, a fund manager of Paradigm Asset Management Co. Apple Inc filed its latest complaint against HTC with a U.S. trade panel over unspecified portable electronic devices and software, according to the panel's web site. Last year, Apple filed a separate action against HTC with the U.S. International Trade Commission, where HTC then leveled its own patent infringement claims against Apple. Preliminary rulings for those cases are expected this week. By 0307 GMT, HTC was down 4.7 percent, versus the broader market's 1.72 percent drop. Shares of the Taiwanese smartphone maker have shed more than 13 percent since last Wednesday, after its plan to acquire S3 Graphics raised concerns over corporate governance. HTC said its net profit doubled in the second quarter, beating market expectations. But analysts suggested that because the operating income tracked forecasts, they expected shares of HTC would consolidate before the investor conference at the end of this month, when the company gives guidance for the third quarter. (Reporting by Clare Jim; Editing by Ken Wills) Technology Hot Stocks Asian Markets Media Steve Jobs Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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