Home / Android Tips / HTC lost a whopping $330 million during Q4 2017, with flat revenues compared to Q3

HTC lost a whopping $330 million during Q4 2017, with flat revenues compared to Q3

Water is rainy, grass is inexperienced, and tech media darling HTC continues to lose boatloads of cash. The financially (and creatively) suffering Taiwanese corporate’s newest quarterly document must come as no surprise to any person who’s been following the ones bleak per 30 days effects launched right through final yr. Or to people who spotted the U11 didn’t move anyplace, the U11+ by no means even reached america, and digital truth headsets are infrequently redefining mainstream tendencies.

After all, Google’s $1.1 billion must supply a minimum of some brief aid, providing HTC most likely a last-ditch probability to search out “vital long-term enlargement alternatives” via “higher funding in rising applied sciences.”

However till mentioned acquire will likely be “known” on the finish of Q1 2018, the Vive makers’ complete fiscal This autumn 2017 rankings are in, and so they’re… terrible. Income is flat in comparison to the yr’s 3rd quarter, which is by no means what a client electronics producer needs to listen to when reviewing vacation gross sales.

Worse but, HTC controlled to submit an working lack of NT$nine.6 billion, which equates to more or less US$330 million, on NT$15.7 billion income, shaving a large NT$11.93 (US$zero.41) off the price of each and every corporate percentage in simply 3 months.

The most recent (and largest) quarterly loss is attributed to “marketplace festival, product combine, pricing, and known stock write-downs”, so mainly, not anything’s running anymore for the creators of the primary commercially launched tool to make use of Android.

Nonetheless, and even supposing the start of 2018 hasn’t seemed any higher, HTC keeps a favorable outlook on “any other sturdy yr of innovation at the leading edge of its markets.” Oh, how we would like shall we consider that!

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