The China Post
Date: February 15, 2017
By: Kuan-lin Liu

HTC smartphone and connected devices president, Chang Chia-lin (張嘉臨), revealed on Tuesday that the company would post a smaller loss this quarter than it did during the previous.

During a press conference on the firm’s fourth quarter performance, Chang pointed to the overseas launch of HTC U Ultra as a key factor in stimulating the growth of this quarter’s gross margins.

HTC’s flagship phone makes its way onto shelves in Hong Kong and the Middle East this week, Europe and Southeast Asia next week, and in China by the beginning of March.

It is estimated that HTC’s first quarter gross margin would outperform last year’s fourth quarter gross margin of 10.5 percent.    [FULL  STORY]