Taiwanese mobile phone company BenQ has reported first-quarter losses as a result of a restructuring after its purchase of Siemens's mobile phone arm.
BenQ recently acquired Siemens's mobile phone unit
It recorded a net loss of 4.99bn Taiwanese dollars ($155m; £86m) for the first three months of the year, against a T$300m net profit a year ago.
The loss was greater than the T$4.02bn shortfall analysts had expected.
However, BenQ said second-quarter mobile phone shipments should be 30% higher than the previous quarter.
It also said that average selling prices for the handsets were set to be up by 10%.
In addition, analysts expect BenQ to be boosted by AU Optronics, in which it owns a 13% share and which is selling increasing numbers of liquid crystal displays (LCDs).