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HTC has been losing money for over a year and it promised last quarter that it’s new flagship the One M8 would bring the company back to profitability and guess what? …it just did.

The company posted a NT$2.8 billion profit ($92 million) on NT$65 billion ($2.2 billion) in revenue, nearly matching sales from last year.

To continue with this trend HTC has to sell more phones than before and to help with that, they announced the plastic M8 Ace and HTC One Mini to add to the portfolio.

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