Taiwan smartphone maker HTC Corp expects to post much lower-than-expected revenue in the first quarter, underscoring analyst views that it will face another weak quarter and an uphill struggle to prove to investors it still retains its innovative touch.
HTC said on Monday it sees a drop in revenue of as much as 36 percent in the first quarter to betweenbillion and billion , from in the previous three months, as it prepares to launch new models, but said its difficulties were "short term."