Quarterly: HTC recorded heavy losses

The improvement experienced by HTC was short-lived. The brand Taiwan has published very poorly for the second quarter. Revenues fell to 1.04 billion against $ 2.05 billion a year earlier. The group accuses a net loss
253 million while he exuded a profit of 71.4 million dollars a year earlier. HTC explained this against-performance by ” lower than expected demand in the premium segment and low … Sales in China “. Samsung and Apple are also made to carve out croupiers in the Chinese market from local brands Xiaomi, Huawei and Lenovo.
The objects connected to revive?

In its statement, HTC says it plans to continue its economies of scale should lead to new cuts posts and a reduction of the wing with respect to the number of models smartphones available in the coming months. The other track attempt
out of the rut is to develop the segment of objects connected in particular with the augmented reality headset Vive.

But HTC has now and already warned that its financial results remain disappointing in the short term.
For the third quarter, the manufacturer anticipates revenues between 600 and 700 million. 

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