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HTC revenue in October drops 49.84% year-on-year

HTC

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HTC revenue in October drops 49.84% year-on-year

HTC revenue in October drops 49.84% year-on-year

Over the previous decade, HTC has progressively light from one of many greatest gamers within the smartphone market. The corporate hopes to make a comeback in the future, however its newest monetary outcomes show that this purpose may be very troublesome.

In October, HTC’s whole income was NT$656 million ($21.6 million). Though HTC launched a collection of entry gadgets in various markets a number of months in the past, HTC’s efficiency declined sharply in October. In contrast with September, the determine in October dropped by 48.58%. In September, HTC’s income was NT$1,275 million ($42 million). Compared with NT$1,307 million ($43 million) in the identical interval final yr, it is a lower of 49.84%.

HTC’s authentic 2019 plan was to give attention to turning round and regaining some market share within the smartphone area. Nonetheless, it has not achieved the anticipated outcomes. Nonetheless, the corporate now has a brand new CEO and he appears optimistic about the way forward for the corporate.

Lately, Yves Maitre, CEO of HTC, mentioned that HTC intends to give attention to digital actuality and can cease the innovation of cellular {hardware}. On the similar time, he additionally mentioned that HTC won't utterly abandon the cell phone enterprise, and can deploy the high-end 5G cell phone sooner or later. Beforehand, Chen Baikou, basic supervisor of HTC China-Taiwan, additionally mentioned that HTC will face the iPhone with high-end smartphones within the first half of subsequent yr. It hopes to extend its market share and be sure that each cell phone is worthwhile.

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