Home › HTC reduces losses in Q3, sales still down 74%
 

Keywords :   


HTC reduces losses in Q3, sales still down 74%

2018-11-12 12:54:00| Telecompaper Headlines

(Telecompaper) HTC reduced its losses and cited continued improvement in gross margins in the third quarter, as the company looks to reinvent itself in the face of falling smartphone sales. Revenues were down 74.5 percent year-on-year to TWD 4.0 billion, hurt also by the sale of assets to Google. The net loss narrowed to TWD 2.6 billion from TWD 3.1 billion a year ago. 

Tags: still sales losses reduces

Category:Telecommunications

Latest from this category

All news
»
15.05Indian spices face heat over global safety concerns
15.05'Corrupt ship inspectors demand our food and cargo'
15.05Taylor Swift Eras Tour to boost UK spending by 1bn, says report
15.05Three ways to win the rental property race
15.05Renters in scrum for homes as listing time slashed
14.05Nu Skin Releases 2023 Social Impact and Sustainability Report
14.05P&G Unveils Plans to Feature Brands During the Olympic and Paralympic Games Paris 2024
14.05The LOccitane Group Appoints Evelyne LY-Wainer Managing Director Global Travel Retail
More »