HTC's latest revenue figures shut down hopes of a comeback

Over the course of the past decade, HTC has gone from being one of the biggest players in the smartphone market to a brand most people can’t even remember. The company is hoping for an eventual comeback but its latest financial prove there’s still a long way to go.

For the month of October, HTC generated a grand total of NT$656 million ($21.59 million) in revenue. Smartphones are understood to have accounted for a larger percentage of sales than the brand’s VR division but that’s not necessarily a good thing. 

Despite introducing a range of budget devices in select markets ...