HTC's Q2 of 2018 results are unsurprisingly bad
HTC released its results for the second quarter of 2018 and they don't look good, nor surprising.
In the period spanning April 1 to June 30 HTC made NT$6.8b in revenue (€191m) and an operating loss of NT$3.4b (€99m) and a net loss of NT$2.09b (€82m).
HTC's quarters are looking worse and worse. HTC made NT$6.8b in Q2 this year compared to NT$16.1b in the same period of 2017.
That puts HTC's numbers for the first half of 2018 at NT$15.6b in revenue and NT$8.3b in operating loss.
This is a reduction of 53% over the first half of 2017. So far this year HTC sold off its Pixel division to Google, laid off 22% of its workforce and exited the Indian smartphone market - all signs of a company about to go belly up very soon.
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Reader comments
- Smuti
- 13 Aug 2018
- puj
Don't forget Snapdragon 9xxx. Keep dreaming. HTC has been dying since 2012. It's death is long overdue.
- Anonymous
- 12 Aug 2018
- vCQ
It is heartbreaking watching my own country's company fall into the abyss, I loved HTC from the start... I hold my HTC 10 very dearly, and see the potential in my Sony XZ1 HTC may fall very soon... Sony may not be popular, but Sony will stand.....
- Misbah
- 11 Aug 2018
- rZG
All comments aside I have one opinion for htc downfall "Weak and poor Marketing" People are complaining for no headphone jack. Here are the facts Apple got rid of headphone jack since iphone 7 and Galaxy 8 had no headphone jack. Samsung did out...
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