HTC lost a ton of money in Q4 2019 - Android

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HTC lost a ton of money in Q4 2019 - Android

HTC may be feeling quite positive about this year, but there’s no denying the Taiwanese company performed absolutely terribly in 2019. In fact, it has its seventh-consecutive quarterly loss with no signs of improvement.

The company behind the world’s first Android smartphone announced today that revenues fell from NT$2.45 billion ($81 million) in the previous three-month period to only NT$1.81 billion ($60 million) in the October-December 2019 quarter.

That alone is extremely disappointing, but things get even worse for HTC. Losses widened to NT$2.37 billion ($78 million) during ...

23/03/2020 02:02 PM