According to the press release on HTC website, at the beginning of this month, the company has registered a subsidiary of HTC Vive Tech Corp., which will allow it to "better prepared for future technologies." HTC itself has full control over a subsidiary.
If we turn to the quarterly reports HTC, it must be admitted that the company's revenue decreased by 64% over the year, and the rate of profit deteriorated from 19.7% to 9.4%. The company was forced to sell some real estate and land, as well as the optimization of the organizational structure to start with the inevitable reductions in personnel. Nevertheless, HTC leadership hoped that the new smartphone models and virtual reality helmet Vive help reach break-even by the third quarter of the current fiscal year, which ends in September. Related Products :
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