Taiwanese smartphone maker HTC on Tuesday posted weaker-than-expected results for the first three months of 2015, while still managing to notch up a fourth successive quarterly profit.
HTC was once the star of the intensely competitive smartphone sector, but has seen its fortunes collapse in recent years as Samsung, Apple and strong Chinese brands like Lenovo and Huawei have surged ahead.
HTC said net profit came in at Tw$360 million ($11.6 million) in January-March, a stark improvement from a net loss of Tw$1.88 billion in the same period last year.
Revenue rose 25 percent to Tw$41.52 billion from last year, when it hit …Read More
Source:: PM Newspaper
