Sales share in Beats prevents red figures HTC - Techzine

Taiwanese HTC last weekend’s financial results for the fourth quarter announced. Here it became clear that the situation of the smartphone manufacturer has not improved, though there is no losses.

can be seen that the Taiwanese HTC during the past quarter net profit from the presentation of the most recent financial figures the equivalent of 7.33 million have turned. However, it was expected a net profit of 17.64 million euros. Previous quarter was the company still recorded a loss of 72.6 million euros.

That HTC at all the red managed to avoid, is due to the sale of the share in the company’s Beats Audio. This transaction is net of approximately 62.5 million to be credited. Without this financial injection HTC so had a loss of tens of millions rotated.

The last two years have been a downward spiral for the Taiwanese smartphone maker. While the global market share in smartphones from HTC in the third quarter of 2011 amounted to 10.3 percent, is that in the third quarter of 2013 dropped to only 2.2 percent. Except for some internal changes would also reportedly one of the four main production lines in Taiwan have been shut down.

It is hoped that the year 2014 will be. Favorable for HTC Possible that a successor to the HTC One (review) can facilitate this. This unit with the provisional naming HTC or HTC One Two M8 will reportedly be launched early this year.