Friday, 7 August 2020

HTC tumbles to new low ahead of first 5G smartphone launch

HTC only recently had one of its best months in almost a year, but new shows that revenue collapsed dramatically in the month of July as the effects of a weakened smartphone business started to show again.
HTC's business continues to shrink

The Taiwan-based company generated only NT$ 284 million ($9.6 million) last month, down 35.6% from the NT$ 441 million ($15 million) it reported twelve months earlier. The number also represented a decline of 56.3% from the NT$ 649 million ($22.1 million) reported in June.

To make matters worse, July was ...

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