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htc corp (2498) Snapshot

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Current Stock Chart for HTC CORP (2498)

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htc corp (2498) Details

HTC Corporation researches, designs, manufactures, and sells smart mobile devices; and provides after-sales services worldwide. The company offers smartphones and tablets with Android and Windows Phone operating systems. It also provides various accessories. The company has partnership with Google, Microsoft, and Qualcomm. HTC Corporation was founded in 1997 and is based in Taoyuan, Taiwan.

Founded in 1997

htc corp (2498) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

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htc corp (2498) Key Developments

HTC Denies Shanghai Plant Sale

HTC Corporation (TSEC:2498) has denied the sale of Shanghai plant. The news was denied by a top executive from HTC China, telling reporters that the news is sheer guess and HTC will not sell plant, but will lay off 15% employees globally.

HTC Reportedly Sells Shanghai Plant

HTC Corporation (TSEC:2498) intends to sell its Shanghai plant. HTC is suffering from bad financial situation, with losses surpassing $200 million in the second quarter of 2015. To save costs, the company reportedly planned to sell Shanghai plant to a Chinese mobile phone maker.

HTC Corporation Cuts 2,000 Jobs After Losses

HTC announced that it would cut more than 2,000 jobs, slashing its workforce by 15%, after posting its biggest quarterly loss. The jobs cuts are part of a "business realignment" to spur growth.

 

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2498:TT 47.10 TWD +0.25

2498 Competitors

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Company Last Change
Huawei Technology Co Ltd CNY25.50 CNY 0.00
Ruckus Wireless Inc $11.21 USD -0.06
Shutterfly Inc $39.33 USD +0.52
Sierra Wireless Inc C$30.30 CAD +0.36
TeleCommunication Systems Inc $3.46 USD +0.03
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Industry Analysis

2498

Industry Average

Valuation 2498 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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