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HTC warns of first operating loss
2013-07-31 05:56:02| BBC News | Business | UK Edition
Taiwanese mobile phone maker HTC warns it may make an operating loss - its first ever - in the third quarter, sending its shares down sharply.
Tags: loss
operating
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HTC sees sales slowing in Q3, plans new phones for Q4
2013-07-30 09:57:00| Telecompaper Headlines
(Telecompaper) HTC has forecast a slowdown in sales in the third quarter, as it works on expanding its range of smartphones. The company expects quarterly revenue of TWD 50-60 billion, down from TWD 70.7 billion in the second quarter. The gross margin is estimated at 18-21 percent, versus 23.2 percent in Q2, and the operating margin at break-even to 8 percent, compared to 1.5 percent in the previous quarter. In a presentation on Q2 results, HTC said margins were under pressure from a relatively high cost structure, lack of scale and provisions to clear old inventory. The company said it's taking action and hopes to see improvement towards the end of the year. It saw some progress in sales in the latest quarter thanks to the launch of the HTC One, which helped improve its share of the "superphone" market in key areas such as China and western Europe. It's now working on expanding its range of mid-tier phones, with launches expected by Q4. HTC also announced a number of appointments, including Jack Yang to president of South Asia, Sirpa Ikola to senior director of marketing for South Asia and Lorain Wong to vice president of global PR.
HTC warns it may slip into operating loss in Q3
2013-07-30 02:00:00| Total Telecom industry news
Analysts say Taiwanese smartphone maker may see market share decline further in second half.
HTC One vs. HTC One Mini: Specs Compared
2013-07-25 01:35:07| PC Magazine Cell Phones Product Guide
We take a close look at how the HTC One Mini compares to its larger counterpart, the HTC One.
HTC reboots U.S. operations with 'emerging devices' focus
2013-07-22 14:16:27| CNET News.com
The Taiwanese phone manufacturer has reportedly launched a division to focus on new HTC products and global distribution, and is reshuffling management positions its U.S. operations. [Read more]
Tags: focus
operations
devices
emerging
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