HTC released its results for the second quarter of 2018 and they don’t look good, nor surprising.
In the period spanning April 1 to June 30 HTC made NT$6.8b in revenue (€191m) and an operating loss of NT$3.4b (€99m) and a net loss of NT$2.09b (€82m).
HTC’s quarters are looking worse and worse. HTC made NT$6.8b in Q2 this year compared to NT$16.1b in the same period of 2017.
That puts HTC’s numbers for the first half of 2018 at NT$15.6b in revenue and NT$8.3b in operating loss.
This is a reduction of 53% over the first half of 2017. So far this year HTC sold off its Pixel division to Google, laid off 22% of its workforce and exited the Indian smartphone market – all signs of a company about to go belly up very soon.
Ever since TCL bought the rights to license the Palm brand from HP back in 2015, we’ve known that the Chinese smartphone manufacturer plans to bring Palm brand back from the defunct. Last we heard, Verizon planned to bring revived Palm devices in H2 of 2018. That last piece of news appeared to be accurate,...
If you are on the market for cheap mid-rangers – and we don’t mean that in a bad way – we have some great news for you. Motorola is currently offering its last year budget alteration of its flagship – the Moto Z2 Play. The Moto Z2 Play is currently going for $299 ($200 off)...