Tuesday, January 7, 2014

HTC reports profit in Q4 2013 - Telecompaper

HTC has over the fourth quarter of this year achieved a turnover of 42.9 billion Taiwan dollar (TWD) converted a billion euros. A year ago, the turnover of the manufacturer of smartphones and tablets amounted to TWD 60 billion.

HTC managed to reduce TWD 3.5 billion in Q3 to TWD 1.65 billion. operational loss HTC recorded a net profit of TWD 310 million mainly due to the sale of its 51 percent stake in Beats Audio worth TWD 265 million.

A year ago, HTC signed a profit of TWD 1 billion. In Q3 2013, however HTC wrote the first red.

The company has been struggling for several consecutive quarters of falling sales due to competition from Apple and Samsung among others. This year, HTC launched its flagship HTC One to reverse the tide.

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