HTC Announces 2016 Q4 Financial Report: A Net Loss of $100 Million Continues to Invest in VR

▼ HTC Announces 2016 Q4 Financial Report: Net Loss of $100 Million Continues to VR from Baidu VR [Baidu VR original manuscript, reproduced please indicate the source] (Beijing time February 15, 2017) Recently, HTC officially released its fourth-quarter earnings report for 2016. Baidu VR Xiaobian learned from official data that HTC’s total revenue for all businesses in the fourth quarter reached NT$22.2 billion (about RMB 49.39 billion yuan), 13.6% year-on-year decline from Q4 2015, net profit loss of 3.1 billion Taiwan dollars (about 689 million yuan), a net loss of TWD 3.4 billion (approximately 765 million yuan) from the same period in 2015 Regarding HTC’s total revenue for the year, HTC’s total revenue in 2016 was NT$78.16 billion (approximately RMB17.39 billion), a 35.8% year-on-year decrease from 2015 and a net loss of NT$10.5 billion (approximately RMB2.34 billion). During the same period, it shrank by 32%, and the loss per share was 2.8 yuan (RMB). Last year, the loss per share was 4.16 yuan (RMB). In addition, HTC's fourth-quarter stock situation is also not optimistic, in which the diluted loss per share of 3.77 Taiwan dollars (approximately 0.8 yuan), an operating loss of 36 Taiwan dollars (approximately 8 yuan), a loss of 41 Taiwan dollars from the same period in 2015 operations (about RMB 9.1 million), gross profit margin was 10.5%, and 13.9% over the same period. With the advent of Virtual Reality (VR) and Augmented Reality (AR), HTC has already begun the layout of its VR strategy since 2015. Prior to this, Baidu VR (Micro Signal: BDVRbbs) released a joint report on "2016" through SuperData and Unity. "VR/AR Market Analysis Report" analysis, and mentioned HTC sales of hardware and software equipment in 2016, the report pointed out that HTC Vive sold a total of 420,000 units last year, although Samsung Gear VR reached 4.51 million units of sales, but If calculated according to the price of HTC Vive 799 US dollars, the total revenue of HTC Vive last year reached US$3.3558 billion, with the market share first (>>>click to view the calculation situation). HTC Chairman and CEO Wang Xuehong The above analysis, although HTC promoted the company's revenue with VR products last year, but failed to make up for the decline in smart phone revenue, HTC Chairman and CEO Wang Xuehong said: "HTC Vive equipment is still in the VR market is still at the forefront" HTC will also continue to build the HTC Vive virtual reality system. HTC smartphone