HTC isn't the only country that is having financial problems. According to DigiTimes, the company has had the worst quarterly profit in seven years for the second quarter of 2017. Profit was down to US$68.14 million, which was roughly half of the profit for the same quarter in 2016.
The main reasons for that are the lower notebook sales and the delayed release of new ZenFone 4. With this new strategy, ASUS will focus more on their high-margin products such as ultra-thin, 2-in-1, mid-range gaming, and high-end gaming that would help them recover from this.
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