HTC's latest smartphones are very good devices, but not many people are actually interested in them and according to the Q2 results, it is only a matter of time before HTC exits the mobile market, if something drastically doesn't change. The company has now announced its financial results for quarter ending June, 2017.
Due to its ninth consecutive quarter loss, the company's shares took a beating. HTC reported a loss of NT$1.95 billion, which approximately amounts to $64 million. This is a slight 3.9% improvement from the $66.87 million USD loss that HTC reported for the previous quarter, and the company has also managed to lower operating expenses from NT$4.7 billion in the first quarter, to NT$4.4 billion in the second quarter of 2017.
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