Taiwan's HTC posts biggest-ever quarterly loss

[Wireless News]

http://l2.yimg.com/bt/api/res/1.2/lkiXODt7wjvbvm1q1XCznA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/b55c7f926c90e3cd17744512fce72b6a78281c92.jpg (http://news.yahoo.com/taiwans-htc-posts-biggest-ever-quarterly-loss-151538981--finance.html)Taiwan's struggling smartphone maker HTC suffered its biggest ever quarterly loss in the three months to June, as sales of its high-end products plunged, it announced Thursday. It is also a nosedive from the first quarter of this year, when HTC reported a net profit of Tw$360 million. "HTC has begun to implement company-wide efficiency measures to reduce operating costs across the organisation and ensure resources are appropriately allocated to future growth," the statement said.



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