Taipei, Taiwan – February 3, 2016 – HTC Corporation (TWSE: 2498), a global leader in mobile innovation and design, today announced consolidated results for its fiscal 2015 fourth quarter ended December 31, 2015.
Revenues and net income saw sequential improvements in Q4. Key figures:
- Quarterly revenue of NT$25.7 billion with gross margin of 13.9%
- Quarterly operating loss of NT$4.1 billion with operating margin of -16.1%
- Quarterly net loss after tax: NT$3.4 billion, or -NT$4.1 per share
HTC experienced good momentum for its Desire line of smartphones in Q4, especially over the holiday season, while the premium Android HTC One A9 launched in October was well received across Asia, the US and Europe. At the same time, HTC continued in its on-going program of realignment to ensure dedicated resources are in place for all business segments.
“Leveraging our core strengths of design, engineering and manufacturing excellence, our evolution into virtual reality and connected devices has positioned us as innovation leader in each sector” said Cher Wang, Chairwoman and CEO of HTC. “We are fully confident in delivering on our promise to enable consumers to pursue their own brilliance across all of our product groups.”
Over Q4 and into Q1, HTC has been ramping up marketing efforts around the UA Healthbox, the all-in-one body fitness system that launched with partner Under Armour at the Consumer Electronics Show (CES) last month, and the Vive virtual reality system, with both products garnering more than twenty awards between them during CES, including an official CES Best in Show award for Vive. HTC also hosted the Vive Unbound developer conference in Beijing in December, bringing together luminaries from the burgeoning virtual reality ecosystem to share their insights with hundreds of keen Chinese content developers.
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