0
Wireless

HTC posts Q2 operating loss of TWD 3.4 billion

Tuesday 7 August 2018 | 10:39 CET | News
HTC reported an operating loss of TWD 3.4 billion for the second quarter, bigger than the loss of USD 2.2 billion in the same period of 2017 but a reduction from the loss of TWD 4.9 billion in the first quarter of this year. The company's gross margin returned to a positive 2.7 percent from negative 2.1 percent in Q1, but was still down sharply from 13.7 percent a year ago. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: HTC
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

HTC stabilises operating loss, gross margin improves in Q4

Published 18 Mar 2019 11:25 CET | World
HTC managed to stabilise its operating loss and improve its gross margin in the fourth quarter. The company's bottom line ...

HTC reduces losses in Q3, sales still down 74%

Published 12 Nov 2018 12:54 CET | World
HTC reduced its losses and cited continued improvement in gross margins in the third quarter, as the company looks to reinvent ...

HTC revenues fall 74% in Q3

Published 09 Oct 2018 09:25 CET | World
HTC reported revenues of TWD 4.045 billion for the third quarter, down 74 percent from TWD 15.705 billion in the year-earlier ...

HTC revenue decline accelerates to 58% in Q2

Published 06 Jul 2018 11:51 CET | World
HTC reported second-quarter revenues of TWD 6.774 billion, down 58 percent from a year earlier. The drop in sales accelerated to ...

HTC to lay off 1,500 production employees

Published 02 Jul 2018 17:06 CET | Taiwan
HTC announced plans to lay off 1,500 employees in its manufacturing operations in Taiwan by September, out of a total global ...

HTC returns to net profit in Q1 after asset sale to Google

Published 08 May 2018 13:47 CET | World
HTC reported a return to net profit in the first quarter, of TWD 21.1 billion versus a loss of TWD 2.1 billion in the ...