HTC’s 10 and Vive boost sales, but the future still looks grim
HTC realized it had a hit on its hands with the Vive, and created a wholly-owned subsidiary called the HTC Vive Tech Corporation to manage it. It also created a $100 million fund to expand the ecosystem. Sales from the division still count toward overall company earnings, but HTC hasn’t said how many of the $800 headsets it has moved so far. It did get a piece of good news when Oculus removed DRM constraints from games, meaning they’ll work with the Vive and not just the Rift headset.The well-received HTC 10 apparently sold well and the company is counting on that to continue. CFO Chialin Chang unofficially predicted a return to profitability by next quarter, but the company will need a Hail Mary to meet that goal.
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