HTC reports more red ink for the fourth quarter of 2015
For the fourth quarter of 2015, HTC reported a net loss of $101 million USD. On a sequential basis, it was an improvement from the $139 million USD net loss that the manufacturer tallied during the third quarter. Revenue amounted to $766 million USD for the three months ended in December. Operating margin was -16.1%. The company said that over the holiday, its HTC Desire line performed well. It also stated that the HTC One A9 was "well received" following its October launch.
The company is focusing on its VR headset, the HTC Vive, which won a "Best in Show" at CES. The device will be available for pre-orders at the end of the month. In January, CEO Cher Wang called the VR market more important to HTC than smartphones are at present. The Vive will ship some time next month.
source: HTC (PDF) via AndroidCentral