
Taiwan smartphone maker HTC has reported a 26% drop in profits in the final quarter of last year as the weak global economy and intense competition hit sales.HTC said profits amounted to 10.9 billion New Taiwan dollars (€282m) - on revenue of 101 billion New Taiwan dollars (€2.65bn) – in the three months ending December.HTC forecast today that revenue could further drop to 70 billion New Taiwan dollars (€1.8bn) in the first quarter this year.The company blamed the slowdown on the lacklustre sales of its newly launched high-end smartphones amid increased competition from Apple and South Korea’s Samsung.
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor