HTC posts first-ever quarterly losses as troubles multiply

[Wireless News]

http://l.yimg.com/bt/api/res/1.2/H3UCwszq00xeawD6TYlpBQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-10-04T014943Z_2_CBRE993022300_RTROPTP_2_TAIWAN.JPG (http://news.yahoo.com/htc-posts-first-ever-quarterly-losses-troubles-multiply-014943033--finance.html)By Michael Gold and Faith Hung TAIPEI (Reuters) - Taiwan's HTC Corp slid into the red for the first time in the third quarter, with sales hit hard by fierce competition in the smartphone market, supply chain constraints and internal turmoil. Underscoring a dramatic decline for a company which boasts award-winning smartphones but has failed to develop a durable brand of handsets, it posted an operating loss of T$3.5 billion as sales for the quarter tumbled by a third from the same period a year earlier. At a net level, it booked a loss of T$2. ...



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