HTC Corp (宏達電) on Friday posted record-low revenue of NT$419.15 million (US$13.95 million) for last month, plummeting 32.96 percent from a year earlier and following a 52.43 percent plunge the previous month.
The Taoyuan-headquartered company, whose sales have declined for the past two years, reported that combined revenue over the past two months dropped 44.97 percent from NT$1.63 billion a year earlier.
HTC went into the red in 2013 and posted net losses of NT$2.34 billion in the most recent quarter.
The former top smartphone vendor has sought to reshape its operations, turning its focus to virtual reality (VR) and launching the Vive Cosmos, a PC-powered follow-up to its Vive VR headset, late last year.
HTC has expanded its VR Cosmos series as it aims to capture consumers from both ends of the spectrum. The company also plans a full suite of Vive Pro Eye solutions, targeting enterprise clients.
However, the company has not completely ditched its mobile phone business and this year plans to release a 5G smartphone powered by Qualcomm Inc’s processors, HTC chief executive officer Yves Maitre said in an interview with Mashdigi.com, a Chinese-language online media firm.
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
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