HTC October monetary report reveals one other income crash

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HTC is long gone its glory days and whereas the corporate’s new CEO Yves Maitres claimed a comeback to the flagship smartphone market is deliberate within the close to future, the most recent monetary outcomes present the corporate is just not in a really perfect place proper now

Whole income for the month of October got here to only TWD 656 million ($21.6 million) which is a 48.6% fall from the earlier month and 49.eight% down from the identical interval final 12 months. Over the previous 12 months, HTC targeted on the midrange smartphone section with gadgets just like the Wildfire X and U19e. Along with that, the corporate has continued its efforts within the VR, blockchain and 5G fields.

Whereas the current is not vivid, HTC reiterated its dedication to bringing a 5G flagship “when the time is correct” as detailed by Maitres. Till then we’ll simply hope that every thing works out for the storied Taiwanese model.

Source | Via