Report
EUR 55.04 For Business Accounts Only

Weak 1Q16; not yet turning the corner - 2498 TT; SELL

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We acknowledge HTC’s strength in product development on VR handsets, but believe this business will stay loss-making, due to high expenses and low scale. Meanwhile, HTC's smartphone business is still in a tough spot.

Underlying
HTC Corporation

HTC and its subsidiaries are engaged in the design, manufacture and sale of handheld wireless telecommunications devices based on Windows Mobile, Android and Brew Mobile Platform operating systems. In addition to product research and development, production and brand marketing, Co. also provides relevant technical and after-sales service support for all of its products. Co.'s phones are marketed and sold through telecom companies and retail distributors across Europe, America and Asia.

Provider
Yuanta
Yuanta

​Yuanta is a Taiwan-headquartered brokerage with a growing presence in Asia, especially across Greater China. Our team of 140+ provides cutting-edge analysis on key sectors, spread across offices in Taiwan, Hong Kong, Shanghai (A-Share), Seoul and Jakarta. With an ever-expanding coverage universe of 400+ companies, we provide in depth analysis with unique local color to investors. Consistently being voted the Best Investment Consulting Firm in Taiwan in the AsiaMoney broker poll is evidence of our strength. We target providing an extensive range of research, from small, to mid-sized, to large cap. We bring you the big, well-covered names, as well as going off the beaten track to research the less-familiar companies.

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