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HTC reviews first quarterly loss when you consider that going public in 2002

The HTC One (right) and its baby brother, the HTC One Mini.

The HTC One (right) and its child brother, the HTC One Mini.

HTC suggested its first quarterly internet loss because going public in 2002 as its flagship HTC One has thus far failed to revive the struggling model within the face of fierce competition from Apple and Samsung.

The Taiwanese handset maker mentioned Thursday it recorded an internet lack of NT$2.ninety seven billion ($one zero one million) within the three-month period ended September 30, greater than a net lack of NT$1.eight billion analysts polled by means of Thomson Reuters had been expecting. The company mentioned a net profit of NT$three.9 billion in the yr-in the past length.

After years of robust gross sales momentum, the company suffered a recent drop-off in sales. The HTC One was delayed previous these 12 months as a result of technical considerations, contributing to a 70 % fall in internet revenue all through its 2012 first quarter.

Already grappling with weakened sales for the HTC one, the handset maker is dealing with HTC One Mini provide problems because of a casing scarcity, the results of difficulties in its design, a source aware of the subject instructed Reuters.