HTC Posts Quarterly Net Loss

HTC Corp. posted its first quarterly net loss since listing in 2002, as an expensive effort to revive its brand through its high-end HTC One smartphone has so far failed to boost sales.

As with former smartphone market leaders like Nokia Corp. and BlackBerry Ltd., HTC has found it difficult to hold its ground against fast-growing Samsung Electronics Co. and low-cost Chinese rivals. The Taiwanese smartphone maker previously warned it was expecting a loss for the third quarter due to high manufacturing and marketing costs for the HTC One while sales shrank.

Read the rest of this post on the original site »


Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »