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HTC Source | May 28, 2017

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HTC trimmed year-over-year losses by 50% in Q1

May 10, 2017 | | 3 Comments

The numbers are in and it looks like Q1 of 2017 wasn’t kind to HTC. The company has released is quarterly earnings report showing NT$14.5 billion ($479 million USD) in revenue for the quarter and an operating loss of NT$2.4 … Read More

HTC sells another manufacturing plant to boost its VR business

March 16, 2017 |

HTC has announced that it will selling its manufacturing facility in Shanghai for 630 million yuan ($91.17 million USD) to an undisclosed Chinese company. The company plans to use the cash from the sale to bolster its HTC Vive business … Read More

HTC U Ultra, U Play sales expected to boost HTC’s revenue by 30%

March 13, 2017 |

HTC’s monthly revenue is expected to jump 30% this month. The reason: the global launch of the HTC U Ultra and HTC U Play. The two smartphones were originally introduced in mid-January and went on sale in Taiwan in early … Read More

Report suggests HTC will be making smartphones for other companys

February 17, 2017 |

HTC may be gearing up for a strategy change. According to Wave7, HTC’s restructuring within the US could indicate that HTC is planning to a return to its ODM roots.

HTC started out as an ODM, building smartphones for dozens … Read More

HTC’s Q4 report shows improvements to its bottom line despite a decrease in revenue

February 15, 2017 |

Let’s start things off by getting the numbers out of the way. HTC has released its earnings report for Q4 of 2016 which shows revenue of NT$22.2 billion with gross margin of 10.5% and a net loss of NT$3.6 billion. Compared … Read More

November was HTC’s third-best month in 2016

December 7, 2016 |

For the month of November, HTC was able to pull in $240 million (7,670,000,000 NT$) in revenue. The figure is 25% lower than what HTC posted in November of 2015, but November was also HTC’s third-best month in 2016.

While … Read More

HTC denies it’s planning to sell its smartphone business

November 21, 2016 |

HTC’s fate has seemingly been in limbo since the middle of 2015. Over the past 18 months, HTC has not to post a profit in its 6 most recent quarters. While HTC still has cash on hand to keep the keep … Read More