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HTC narrows losses in Q2 after launch of 5G hub, VR services

2019-08-12 11:25:00| Telecompaper Headlines

(Telecompaper) HTC reported revenues of TWD 2.8 billion for the second quarter, less than half the TWD 6.8 billion recorded a year earlier. However, the company said its gross margin continued to improve, reaching 20.3 percent compared to 14.7 percent in Q1, and the operating loss reduced to TWD 2.5 billion from TWD 2.7 billion in the previous quarter. 

Tags: services launch losses hub

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