HTC has reported revenues of NT$11.37 billion (US$383.44 million) for February, down 26.8% from the previous month and 44% from a year earlier. For the first two months of 2013, revenues amounted to NT$26.91 billion, decreasing 27.1% from a year earlier.

HTC shares dropped by NT$17.5 or 6.4% to close at NT$255.5 on the Taiwan Stock Exchange (TSE) on May 6 amid market reports that the company is likely to incur losses in the first quarter of 2013 due to lower than expected sales caused by shortages of some key components.

By: DocMemory
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