HTC is still losing lots of cash, but slightly less than usual

The new HTC U line of smartphones is a glimmer of hope for the struggling company

In a press conference last month, the company announced a shift in direction with its upcoming smartphone line, dubbed HTC U. The U Ultra and U Play seem like a pretty okay pair of devices, though the company was widely criticized for the omission of a headphone jack in both of them. The line heavily features a new built-in virtual assistant, called Sense Companion, which appears to be the horse on which HTC has bet in the smartphone race. Whether that tactic will be a successful one remains to be seen, but for now the numbers paint a pretty grim picture for the phone maker.
source: HTC via TechCrunch
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