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August 2, 2016

Yet another red quarter for HTC as revenue drops 44% year-on-year

HTC Vive MWC The latest HTC results, for its Q2, confirm another loss-making quarter for the smartphone and VR headset maker, with the Taiwanese company reporting revenue of NT$18.9 billion ($598 million) for the quarter versus the NT$33.0 billion ($1.07 billion) it made in the year ago quarter. That’s a drop of around 44 percent. Read More

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