HTC posts quarterly loss as smartphone sales slow

Sooraj Shah
clock • 1 min read

Taiwanese firm makes £40m loss in first quarter of 2014 - £10m worse than analysts had expected

Taiwanese smartphone maker HTC has posted a loss of T$1.88bn (£40m) in the first quarter of 2014, as its smartphone sales slowed. The company had made a profit of T$85m (£17m) in the same quarte...

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