HTC posts record profit losses in Q1,delayed smartphone shipments to blame

The troubled smartphone manufacturer, HTC, has posted yet another quarter of record profit losses to the tune of 98% year on year. HTC reported its lowest profits with just $2.8 million USD net income for Q1 2013. This the lowest that has ever been reported by the Taiwanese manufacturer in its 16 year history.

htc-one-unboxing-10 Continue reading “HTC posts record profit losses in Q1,delayed smartphone shipments to blame”