Smartphone maker HTC has been dropped from the index of Taiwan’s 50 largest firms, following a 66% slide in its share price this year.
The collapse in HTC’s share price means it is not big enough to be included in Taiwan’s TWSE 50 Index.
In June it said second-quarter revenues had halved from the same period last year, resulting in an operating loss of 5.1bn Taiwanese dollars ($155m; £102m).
Last month, it said it would cut 15% of its global workforce.
