HTC’s second quarter shows 10th straight lossBy Angelica Oung / Staff reporterHTC Corp (宏達電) yesterday posted a NT$1.83 billion (US$62 million) loss for last quarter, its 10th consecutive quarterly loss, as its expansion into virtual-reality headsets has yet to bear fruit, it said in a filing with the Taiwan Stock Exchange. On an annual basis, that was an improvement from the NT$2.22 billion loss it registered in the same period last year, but on a quarterly basis, it widened from a loss of NT$1.68 billion in the first quarter. For the first half of this year, HTC posted a net loss of NT$3.5 billion, an improvement from a loss of NT$4.68 billion in the first half of last year. That represented a loss of NT$4.28 per share, better than its loss of NT$5.69 in the same period last year. In June, the company unveiled the HTC U20 5G, the first made in Taiwan 5G mobile phone.

Source: Taipei Times August 14, 2020 15:56 UTC