Taiwan’s HTC Corporation announced today it will distribute dividends to shareholders for the first time in six years, signaling a successful turnaround for the once-dominant smartphone maker. Chairwoman Annette Wang attributed the return to profitability to the company’s strategic shift away from consumer mobile devices and towards virtual reality (VR) and related technologies. A key achievement highlighted was HTC’s entry into the German defense supply chain, securing a contract to provide VR training systems for the German army. This defense contract, alongside growth in its VR business, has contributed to the company’s financial recovery. HTC has been actively diversifying its portfolio in recent years, focusing on areas like extended reality (XR) for industrial and military applications. The dividend distribution is seen as a positive sign for investors and a validation of the company’s restructuring efforts. Wang emphasized the importance of innovation and strategic partnerships in driving future growth.