" HTC " reveal its financial results for the first quarter of 2014

A company " HTC " on Monday reported its financial results for the first quarter of the year 2014 , which

showed a loss of more than expected due to the continuing decline in the company's sales of smartphones in the midst of fierce competition faced by companies such as " Samsung " and " Apple" .

According to company figures , the net loss during the period from the first of January until the end of March / March two years equivalent to about 62.06 million dollars , compared to 53 had been expected by analysts .

She said, " HTC " she managed during the past three months to achieve revenue of approximately 1.09 billion dollars , which is a decrease of 22 percent compared to the same period last year .

The " HTC " had previously - to avoid further financial losses - the sale of the remaining shares to the company , " Bates Electronics " Beats Electronics.

According to the agency "Reuters" , the company 's shares closed " HTC " on Monday, rising by 3.57 percent , compared with 0.14 percent decline recorded on the main index .

And highlights the figures revealed by the company today with the speed of the accumulation of problems that have plagued and its impact on their performance , a company that was two years ago, made ​​one out of every ten smartphones sold around the world , which has lost nearly three -quarters of its market value during that period , where she has value with solutions earlier this year is estimated at about 4 billion dollars.

Although the company " HTC " classified third in the smartphone market after the " Samsung " and " Apple" , but its market share does not exceed 2 percent only , which was accounted for 11 percent of the market in 2011 .

The company hopes to " HTC " currently contribute to sales of smart phones , which revealed recently , which belong to different categories in terms of specifications , especially the new smart phone , " HTC Wen M 8" , to improve their status.