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HTC posts net loss in Q3

2013-11-05 09:08:00| Telecompaper Headlines

(Telecompaper) HTC reported a net loss of TWD 3.0 billion for the third quarter, versus a profit of TWD 3.9 billion a year earlier. Revenue tumbled to TWD 47.0 billion from TWD 70.2 billion, and the gross margin dropped to 20.4 percent from 25.0. The smartphone maker had a negative operating margin of 7.4 percent, in line with its earlier forecast. HTC said sales of its flagship One smartphone were "solid" in the EMEA region, with a "halo effect" on sales of its other new devices such as the One mini. In the US, the company expanded its distribution to all four of the major carriers, and in China, the group's preparing to launch the first TD-LTE phone with the One Max. During the quarter, HTC also sold its stakes in Beats and Saffron Digital. For the fourth quarter, HTC expects a further drop in sales, to TWD 40-45 billion, while the gross margin should be stable at around 20 percent. The net result is expected to improve to a profit of TWD 0.1-1.7 per share.

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HTC expects Q4 revenue to fall further

2013-11-05 01:00:00| Total Telecom industry news

Taiwanese smartphone maker expects tough competition from high-end, low-end players.

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HTC, Motorola Detail Android 4.4 KitKat Phone Upgrade Plans

2013-11-01 21:34:48| PC Magazine Cell Phones Product Guide

KitKat is coming to the Moto X, HTC One and more.

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Nortel patent owners sue Google, Samsung, Huawei, HTC

2013-11-01 10:14:00| Telecompaper Headlines

(Telecompaper) The Rockstar consortium, which bought Nortel patents for USD 4.5 billion during the company's bankruptcy process, is suring Google, Samsung, Huawei, HTC, and three other company for patent infringements, Reuters reported. Rockstar, jointly owned by Apple, Microsoft, Blackberry, Ericsson and Sony, was able to outbid Google during the patent auction. Google is accused of infringing seven patents. The patents cover technology that helps match internet search terms with relevant advertising, the lawsuit said. A Google spokesman declined to comment. Representatives for Samsung, Huawei, HTC and Rockstar could not immediately be reached. Rockstar is seeking increased damages against Google, as it claims Google's patent infringement is willful, according to the complaint.

Tags: google owners samsung patent

 

Nokia pursues HTC sales ban in UK

2013-10-30 19:30:46| BBC News | Business | UK Edition

Nokia is seeking to have the HTC One smartphone removed from UK stores after winning a patent dispute in the High Court.

Tags: sales uk nokia ban

 

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