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HTC sees Q4 loss triple after inventory write-offs

2018-03-26 11:22:00| Telecompaper Headlines

(Telecompaper) HTC saw its net loss more than triple in the fourth quarter, to TWD 9.8 billion (EUR 271 million) from TWD 3.1 billion a year earlier. The bigger loss was due to writedowns on old inventory and an over 29 percent drop in revenues to TWD 15.7 billion. 

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Category:Telecommunications

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