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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