HTC had a terrible holiday quarter

Smartphone and VR headset maker HTChas published its consolidated results for Q4 2017 — and it makes for grim reading.
The topline figures are:Flat quarterly revenue of NT$15.7 billion (~$540M) with gross margin of -30.8%
Quarterly operating loss of NT$9.6 billion (~$330M) with operating margin of -60.8%
Quarterly net loss after tax: NT$9.8 billion (~$337M), or -NT$11.93 (-$0.41) per shareHTC says this latest quarterly loss was due to “market competition, product mix, pricing, and re