Home / Internet / HTC posts Q1 profits ahead of phone launch this month – CNET

HTC posts Q1 profits ahead of phone launch this month – CNET

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HTC is launching a brand new telephone this month and forward of that, it has got some excellent information.

Screenshot through Sean Hollister/CNET

HTC has excellent information to percentage forward of the release of its new flagship telephone this month.

The Taiwanese corporate raked in a internet benefit of NT$21.1 billion (about $710 million or £520 million) after tax deduction, it stated in a commentary Monday.

This follows 11 consecutive quarters of economic loss for HTC and the lack of its head of smartphones, however it isn’t all sunshine and roses for the stricken corporate but.

In spite of higher monetary efficiency remaining quarter — partly pushed through its $1.1 billion deal with Google which closed in January — HTC printed remaining Friday that income went down about 55 p.c year-over-year in April. Native media have known as it a 13-year low.

CNET has reached out to HTC for a remark.

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