HTC financial drama: the April collapse buried the hopes that arose in March

HTC started 2019 with record low revenues in January and February. In March, the situation began to look more positive, as the Taiwanese manufacturer was able to increase sales. True, the growth in shipments was achieved mainly thanks to VR headsets, rather than smartphones. But even this small rise turned out to be unsustainable, and already in April, HTC again showed a record low in revenue.

HTC financial drama: the April collapse buried the hopes that arose in March

In the period from April 1 to April 30, HTC received $19,07 million in revenue, which is almost 55% less than the March results. The decline in the figure compared to April last year looks even more dramatic - it is about 72%. The ratio of financial proceeds from sales of VR equipment and smartphones is not specified.

In December, HTC said it would focus on generating profits and increasing its share of the smartphone market in 2019. However, four months have passed since the beginning of the year, and among the company’s new products there were only virtual reality helmets and a hybrid hotspot and Android entertainment device 5G Hub.


HTC financial drama: the April collapse buried the hopes that arose in March

However, judging by data from benchmarks and information leaks, HTC is not giving up no matter what and will still introduce several new smartphones this year. Among them it is expected 5G model, next blockchain device ΠΈ device mid-level with a MediaTek processor and 6 GB of RAM. In addition, the company is rumored to be in talks to license the brand in India, which could also help it improve its financial situation.



Source: 3dnews.ru

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