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HTC struggling
HTC has been struggling. It is even laying off some of its staff.
IN THE NEWS
Monday 9 July 2018
HTC sales remain low in June
HTC saw its revenues dip 8.81% on month and 67.64% on year to NT$2.23 billion (US$73.24 million) in June, as the release of its new flagship model HTC U12+ in late May appeared to...
Tuesday 3 July 2018
HTC to cut 1,500 manufacturing jobs
HTC has announced that it plans to lay off 1,500 employees in its smartphone manufacturing department in Taiwan as part of its restructuring efforts.
Wednesday 27 June 2018
HTC to rekindle smartphone business with new technologies
HTC is stepping up efforts to develop innovative technologies including VR/AR, AI, 5G and blockchain as it aims to reinvigorate its smartphone business by utilizing new applications...
Tuesday 8 May 2018
HTC reports earnings for 1Q18
HTC has reported net profits of NT$21.1 billion (US$707.69 million) or NT$25.7 per share for the first quarter of 2018, ending its 11 consecutive quarterly losses.
Monday 7 May 2018
HTC sales remain in doldrums
HTC saw its consolidated revenues decline 24.2% on month and 55.4% on year to NT$2.099 billion (US$70.71 million) in April, the company's lowest monthly figures since August 2004.
Wednesday 7 March 2018
HTC February revenues hit 13-year low
HTC saw its consolidated revenues drop 23.24% on month and 44.04% on year to a 13-year low of NT$2.61 billion (US$89.3 million) in February.
Wednesday 11 October 2017
HTC sees revenues more than double on month in September
HTC saw its consolidated revenues more than double sequentially to NT$6.51 billion (US$214.41 million) in September, buoyed by shipments of Pixel 2 smartphones to Google. The monthly...
Friday 22 September 2017
Commentary: HTC faces new challenges after Google deal
HTC, which built the world's first Android-based smartphone, the HTC Dream, in 2008, is facing new challenges after it signed a US$1.1 billion deal to hand over its ODM team or half...
Thursday 21 September 2017
Google buys part of HTC smartphone team for US$1.1 billion
Google and HTC have announced a definitive agreement under which certain HTC employees - many of whom are already working with Google to develop Pixel smartphones - will join Google...
Friday 25 August 2017
HTC declines to comment on spin-off or sell-off speculations
HTC has declined to comment on recent market speculations indicating that the company is currently conducting a strategic assessment on its future, including options to spin off its...
Monday 14 August 2017
HTC reports losses for 9th straight quarter in 2Q17
HTC has reported net losses of NT$1.95 billion (US$64.23 million) for the second quarter of 2017, the company's ninth straight unprofitable quarter although the losses narrowed from...
Tuesday 14 February 2017
HTC reports heavy losses for 4Q16
HTC has posted net losses of NT$3.1 billion (US$100.49 million) or NT$3.77 per share for the fourth quarter of 2016. The company has recorded losses for seven consecutive quarters.
Friday 3 February 2017
HTC confirms departure of its top executive
HTC has confirmed that its global executive vice president Jason Mackenzie has left the company. HTC said operations will not be affected by the departure of individual personnel...
Monday 9 January 2017
HTC 2016 revenues hit 11-year low
HTC saw its revenues dip 16.4% on month and 1.7% on year to a five-month low of NT$6.41 billion (US$199.96 million) in December 2016.
Friday 26 October 2012
HTC sees profits drop sharply in 3Q12
HTC has reported net profits of NT$3.9 billion (US$133.2 million) for the third quarter of 2012, down 56% sequentially and 82% on year. EPS for the third quarter was NT$4.7, compared...