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HTC Source | February 9, 2016

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HTC shows signs of progress despite losing $101 million in Q4

February 3, 2016 |

The official numbers are in – HTC’s net profit for Q4 of 2015 was -NT$3.4 billion (-$101 million USD) on NT$25.7 billion in revenue. HTC’s negative numbers will further deplete the company’s dwindling cash reserves, but there is a silver … Read More

HTC denies its VR business spin-off ‘will be wholly owned by Wang’

January 19, 2016 |

In an effort to squash the rumors regarding the spin-off of its virtual reality business, HTC has only raised more questions. HTC issued a statement which denied that the spin-off the VR business into an “independent entity that will be … Read More

Report claims that Cher Wang plans to spin off HTC’s VR business into a separate company

January 18, 2016 |

According to an unnamed source, HTC Chairwoman and CEO is planning to step up the company’s commitment to the virtual reality market by spinning off the HTC Vive and any related virtual reality work that the company has under way … Read More

HTC picks up 10 awards at CES for the HTC Vive Pre, UA HealthBox

January 9, 2016 | | One Comment

HTC hasn’t had much of a presence at CES over the years, but the company changed that in 2016. It not only unveiling the HTC Vive Pre and its UA HealthBox fitness products, but it also managed to secure 10 … Read More

December was the worst month for HTC in 11 years

January 8, 2016 | | One Comment

The numbers are in and they’re not good. After showing signs of progress in November, HTC’s revenue for December fell flat on its face. In total, HTC brought in NT$6,517,000,000 – just a hair more than $195 million USD. TO … Read More

HTC sells Taoyuan City factory to Inventec

December 31, 2015 |

In an effort to reduce overhead costs, HTC has sold its Taoyuan City factory and land to Inventec for $174 million. HTC’s Taoyuan City factory was temporarily closed in the fall of 2013 due to a decline in sales of HTC phones. At the … Read More

HTC denies claims it is ‘heading for extinction in 2016’

December 29, 2015 | | 2 Comments

According to Robyn Mak, columnist for Reuters Breakingviews, HTC will be “heading for extinction in 2016.” Robyn remarks were targeted at HTC, Sony and a few other smartphone makers, based on the smartphone industry’s slowing growth rate and near-nonexistent profit … Read More