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Taiwan’s HTC posts first-quarter loss, lags estimates

07
Apr
2014

By Michael Gold TAIPEI (Reuters) – Taiwanese smartphone maker HTC Corp on Monday posted a wider-than-expected loss for the first quarter of 2014 as sales continued to decline. Shares of HTC closed 3.57 percent higher on Monday ahead of the earnings release, compared with a 0.14 percent decline in the benchmark index.

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