Temporary respite for HTC - Helsingborgs Dagblad

class=”key”> Taipei Published January 5, 2014 at. 12:58 Updated January 5, 2014 at. 13:10

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  Scanpix Wally Santana

Taiwanese mobile phone maker HTC swung in the fourth quarter of last year returned to a profit, correspondingly over 67 million. Last quarter, the company reported a loss for the first time since it was floated in 2002.

respite for HTC is temporary. The business is still firmly back and quarterly profit based analysts on a sale of HTC’s share of the company Beats Electronics, the equivalent to just over 1.7 billion.

During the third quarter, the operating loss was equivalent to 760 million kronor.

New products in the last year have not sold as well as the HTC hoped.

company had 8.8 percent of the global market for smart phones in 2011, fell sharply to 4.6 percent the following year in a fierce competition that is dominated by Samsung and Apple.

TT

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