Taiwan’s HTC posts seventh consecutive quarterly loss


  • TECH
  • Wednesday, 15 Feb 2017

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). 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Brave China ‘cancer warrior’ dies two days after 25th birthday, final wish to find brother a girlfriend left unfulfilled, leaves netizens devastated
Meta shares plunge 16% in Frankfurt after AI spending, revenue forecast
What next for TikTok in the US?
Atos says it will need more cash than expected
TikTok to fight US ban law in courts
STMicro cuts FY revenue outlook as slowing car market bites
Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot
Spurred by teen girls, US states move to ban deepfake nudes
DR Congo accuses Apple of using ‘blood minerals’ from war-torn east
German police swoop on Nigerian dating scammers

Others Also Read