Say a prayer for HTC — it’s entered the same black hole that once consumed BlackBerry and Nokia. Per The Guardian, HTC last quarter suffered a net loss of Tw$8 billion (USD$253), the company’s biggest net loss ever. The company’s smartphone business is getting hammered by low-cost competitors such as Xiaomi and now it’s apparently pinning its hopes for a turnaround on its HTC Vive virtual reality headset.
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