0
Wireless

HTC reduces losses in Q3, sales still down 74%

Monday 12 November 2018 | 12:54 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
HTC reduced its losses and cited continued improvement in gross margins in the third quarter, as the company looks to reinvent itself in the face of falling smartphone sales. Revenues were down 74.5 percent year-on-year to TWD 4.0 billion, hurt also by the sale of assets to Google. The net loss narrowed to TWD 2.6 billion from TWD 3.1 billion a year ago. 

Thank you for visiting Telecompaper

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: Google / 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 revenues fall 62% in 2018 after step back on smartphone market

Published 04 Jan 2019 13:05 CET | World
HTC reported revenues of TWD 23.74 billion for 2018, down 61.8 percent from the previous year. In December alone, sales fell 66.4 ...

HTC launches mid-range Desire 12s smartphone

Published 18 Dec 2018 13:43 CET | World
HTC has unveiled a new mid-range smartphone in its home market Taiwan, the Desire 12s. The company is looking to reboot its ...

HTC verkleint verlies in Q3, maar omzet daalt 74 procent

Published 12 Nov 2018 14:49 CET | World
HTC meldt kleinere verliezen en een aanhoudende verbetering van de brutomarges als de hoogtepunten van het derde kwartaal. Het ...

HTC starts global sales of Vive Focus standalone VR headset

Published 09 Nov 2018 09:25 CET | World
HTC has started sales of its Vive Focus standalone VR headset. Announced last year, the wireless headset has only been available ...

HTC starts taking orders for Exodus blockchain smartphone

Published 23 Oct 2018 14:55 CET | World
HTC has started taking orders for its new blockchain smartphone. Customers can pay for the HTC Exodus with bitcoin or Ethereum ...

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 waives revenue share on Viveport subscription titles in Q4

Published 26 Sep 2018 08:42 CET | World
HTC Vive's Viveport global app store and subscription service marks its two-year anniversary by waiving its portion of revenue on ...

HTC unveils mid-range U12 Life smartphone

Published 30 Aug 2018 10:33 CET | World
HTC has unveiled the latest smartphone in its U range, the U12 Life, following the launch of its U12+ flagship earlier this ...

HTC takes pre-orders for new Vive Wireless Adapter

Published 21 Aug 2018 11:04 CET | World
HTC started taking pre-orders for its new Vive Wireless Adapter that works with both Vive and Vive Pro. The adapter frees VR ...

HTC posts Q2 operating loss of TWD 3.4 billion

Published 07 Aug 2018 10:39 CET | World
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 ...





Calendar   /   Industry Events

19 Oct Capacity Europe 2020
20 Oct Tele2 Q3 2020
20 Oct A1 Telekom Austria Group Q3 2020
20 Oct Netflix Q3 2020
20 Oct Calix Q3
20 Oct Snap Q3
20 Oct America Movil Q3 2020
20 Oct 6G Symposium
21 Oct Telia Q3 2020
21 Oct Crown Castle Q3
21 Oct Netgear Q3 2020
21 Oct Ericsson Q3 2020
21 Oct Telenor Q3 2020
21 Oct DNA Q3 2020
21 Oct Verizon Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct AT&T Q3 2020
22 Oct Rogers Q3 2020
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct Nordic Entertainment Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Intel Q3 2020
23 Oct Doro Q3 2020
23 Oct Airtel Africa H1 results
23 Oct Orange Belgium Q3 2020
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct CCW Europe 2020
::: More Calendar Items