Struggling phone maker HTC refuses to give Q4 sales forecast

Struggling phone maker HTC refuses to give Q4 sales forecast

PanARMENIAN.Net - Struggling phone maker HTC doesn't want to talk about its future financial prospects, Digital Spy reports.

The Taiwanese firm refused to publish guidance on its future performance after reporting losses of $138.6 million for the last fiscal quarter.

Although this is a marked improvement on the $265 million HTC lost during the previous quarter, the firm's reluctance to discuss the future could indicate a lack of confidence in its ability to recover.

There are other possible explanations - its change in focus towards the mid-range market and cost-cutting makes the coming quarter tricky to forecast.

HTC is pinning its immediate hopes on the One A9, a mid-range Android handset that resembles the latest iPhone, and exploring new product categories in the long term.

 Top stories
Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT).
Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues.
Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls.
Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."
Partner news
---