Taiwan’s HTC posts seventh consecutive quarterly loss

epa05133325 A gamer wears a HTC Vive Virtual Reality (VR) game console during the 2016 Taipei game show in Taiwan, 29 January 2016. This year's game show highlights Virtual Reality (VR) games to public consumers. EPA/RITCHIE B. TONGO

TAIPEI: Taiwan’s HTC on Tuesday announced worse than expected fourth-quarter results and analysts said its much-hyped virtual reality products had failed significantly to boost the struggling smartphone maker. 

Revenue from October to December was down 13.62% year-on-year to Tw$22.2bil (RM3.21bil).