IMPLAUSIBLE:Given its performance last month, and waning interest in the HTC 10, it is unlikely the firm’s smartphone business will break even this quarter, analysts said

Taipei Times
Date: Sep 07, 2016
By: Lauly Li / Staff reporter

HTC Corp (宏達電) yesterday posted weaker-than-expected revenue for last month, marking the company’s 17th consecutive month of year-on-year declines and putting the firm’s hopes of its smartphone business breaking even this quarter into doubt.

The firm posted revenue of NT$6.58 billion (US$209.47 million) last month, representing a 4.51 percent contraction from NT$6.88 billion in the same period last year, according to the firm’s filing with the Taiwan Stock Exchange.

However, the figure is a 4.12 percent increase from July’s NT$6.31 billion, the filing showed.     [FULL  STORY]