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HTC shuts down operations in Italy
HTC has been running its operations in Italy with a pretty small team over the past year, but word started to spread that HTC is planning to completely shut down local operations in Italy. Unfortunately, the rumors are true. HTC has confirmed that it has closed its office in Italy. The company is cutting back…
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HTC’s stock is up 53% since the beginning of March
March has been a very good month for HTC’s stock price. Most everyone knows that HTC stock took a nose dive last year as sales of its flagship phones decreased dramatically. HTC monthly revenue numbers are still heading in the wrong direction, but since March 4, investors have been clamoring to get their hands on…
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HTC stock surges 10% despite February’s lackluster revenue report
Despite HTC’s poor revenue report for the month of February, investors are clamoring to purchase HTC stock. After gaining 9.9% on Friday, HTC’s stock price saw another surge on Monday which pushed the price of the company’s stock up 10% and forcing the Taiwan stock exchange to close out trading of HTC’s stock for the…
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HTC’s February revenue drops to new low
With over ten years of monthly revenue numbers posted on its site, HTC’s revenue for February is the lowest on record. The company managed to pull in NT$4.20 billion (roughly $129 million USD) during the second month of 2016. The dramatic drop in revenue came in at 35.16% lower than January’s numbers and 54.48% lower…
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Strong demand for UA Health Box, HTC Vive pushes company’s stock up 9.9%
HTC’s stock has just hit a 9-month high. Investors clamored to buy HTC’s stock today after seeing strong demand for the HTC Vive and news that the HTC-built UA Health Box has sold out. HTC’s stock price hit NT$90 by noon and trade of the stock was suspended since it hit the market’s daily trade…
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HTC shows signs of progress despite losing $101 million in Q4
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 lining. HTC’s cost cutting measures are starting to pay off. Based on the company’s current…
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HTC announces key executive promotions
News has just started floating around that HTC has shifted some of its top leaders around the company and we’re glad to bring you the major announcement. HTC has appointed former HTC Americas President, Jason Mackenzie as the new global Vice President and André Lönne has been selected to take over Jason’s role for HTC Americas. In…