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HTC declared effectively worthless; LGs profit margins fall to a penny a phone
2015-08-10 19:00:28| Extremetech
HTC's stock has fallen to the point that the company is considered to be worth less than its own cash holdings. HTC, however, is far from the only Android OEM in a bad situation.
Tags: phone
fall
profit
effectively
HTC shares tumble after weak results
2015-08-07 10:24:33| BBC News | Business | UK Edition
Taiwan's smartphone maker HTC sees its shares fall by 10%, the daily trading limit, in the wake of poor earnings and a weak outlook.
HTC issues grim Q3 outlook
2015-08-07 02:00:00| Total Telecom industry news
Taiwanese firm publishes weak Q2 results, job cuts to follow.
HTC posts net loss of TWD 8 bln in Q2
2015-08-06 10:40:00| Telecompaper Headlines
(Telecompaper) HTC reported a net loss of TWD 8.0 billion in the second quarter, versus a profit of TWD 2.3 billion a year earlier, hurt by a sharp fall in sales and an asset impairment charge of TWD 2.9 billion. HTC said it suffered from weak demand at the high end of the Android smartphone market as well as lower-than-expected sales in China. Revenues nearly halved, to TWD 33.0 billion from TWD 65.1 billion a year ago. The gross margin dropped to 19.3 percent from 22.2 in the year-earlier period and 19.7 in Q1 this year. HTC said it started a company-wide focus on reducing costs and optimising the use of resources. It continues to invest in new product areas though, notably virtual reality, where it plans to launch the HTC Vive glasses later this year. For the third quarter, the company forecast a further slide in sales, to TWD 19-22 billion compared to TWD 41.9 billion a year earlier. The gross margin is estimated at 19.0-19.5 percent and EPS at a loss of TWD 5.51-5.85.
HTC launches new Desire smartphone range in US
2015-07-15 10:25:00| Telecompaper Headlines
(Telecompaper) HTC announced a new range of "affordable premium" smartphones in its Desire line for the US market. The Desire 626, Desire 626s, Desire 526 and Desire 520 will launch over the coming weeks with all the major US mobile operators in a range of colours. HTC said the phones come with many of the features on its flagship One M9, at a more affordable price. This includes the HTC Sense 7 user interface and customisation options such as HTC Themes, HTC BlinkFeed, the Zoe app for making and sharing photo stories and HTC Sense Home applications. HTC Sense Home is an intelligent widget that automatically curates apps based on usage and location. It is contextually aware of location, time of day and preferred apps at home, work or on the go. While exploring a new city, HTC BlinkFeed intelligently recommends restaurants near you and recommended by friends during mealtimes. The new range, all with LTE, quad-core processors, expandable memory and 2,000 mAh batteries, includes the HTC Desire 526 with 4.7-inch screen in Stealth Black, the HTC Desire 520 with 4.5-inch screen in Steel Gray and the Desire 626 and 626s with 5-inch, HD 720p screens. All four come with an 8MP primary camera with HD 720p video recording, while the Desire 626 has a 5MP front camera and the other three a 2-megapixel front camera. The operators AT&T, Boost Mobile, Cricket, MetroPCS, Sprint Prepaid, T-Mobile, Tracfone, Verizon Wireless and Virgin Mobile USA will announce in the coming weeks and months more details on availability, including colours and pricing.
Tags: us
range
desire
launches
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