HTC expects to post loss in first quarter of 2014

The Taiwanese phone company, HTC is reportedly seen to be facing a loss of nearly 62 million Taiwanese dollars in the first 3 months of 2014.

According to The Verge, Investors were already warned about a steep towards loss but even the predictors were not expecting this much loss.

HTC didn't make any release in the beginning months of the year.

The company is expecting to revive with 2014's first release, the latest addition of HTC One and Desire 816.

However, Company has promised to improve in the second quarter.