HTC again reporting losses

HTC again reporting losses

This time lat year HTC were under some considerable pressure after reporting the companies lowest profits to date, people were saying that the death knell was sounding for the Taiwanese company.

Despite launching two flagship devices the HTC One M7 and now the M8 this hasn’t stemmed the losses, today the Taiwanese phone maker is reporting a NT$1.88 billion (£38 million) loss for the first three months of 2014. That’s the second time in three quarters that HTC has dipped into the red, having only broken even in Q4 2013.

Hopefully the new M8 and the Desire 816 will pull the company back into the black, I for one would be sad to see the demise of HTC.

Source fonearena

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