CONNECT WITH US

Coolpad warns of heavy losses for 2016

Steve Shen, DIGITIMES, Taipei 0

China-based smartphone vendor Coolpad has warned that it expects to post a net loss of HK$3 billion (US$387.09 million) for 2016, a significant retreat from a net profit of HK$2.325 billion recorded a year earlier.

The article requires paid subscription. Subscribe Now