Taiwanese smartphone maker HTC said sales are likely to miss analyst estimates for a second straight quarter as new models fail to spur demand.
The company posted its first loss on record last month. It said in a statement today that fourth-quarter revenue will be between NT$40 billion ($1.4 billion) and NT$45 billion. That trailed the NT$52.2 billion average of 21 analysts’ estimates compiled by Bloomberg.
HTC’s introduction of new handsets, cut in expenses and the...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team