Taiwan smartphone maker HTC to lay off 1,500 workers
https://phys.org/news/2018-07-taiwan-smartphone-maker-htc-workers.html
Once a star of the intensely competitive smartphone sector, HTC has been struggling in the face of stiff competition from Apple and Samsung as well as strong Chinese brands such as Huawei.
It incurred a net loss of Tw$16.91 billion ($554 million) in 2017 and a loss per share of Tw$20.58, the highest since it listed on the Taiwan Stock Exchange in March 2002.