HTC's revenue freefall continues into May 2018 with decline of 46%

After confirming plans to invest in emerging technologies going forward in the hope of guaranteeing long-term growth, HTC has now published its May 2018 financial results, revealing a slightly less positive outlook.

Continuing the freefall that the brand has seen so far this year, revenues in May saw a decline of over 46% when compared to the same period in 2017, totaling just $82.35 million during the timeframe, a far cry from the $152.27 million HTC managed to rake in twelve months ago. This decline is further put into perspective when the brand’s total 2018 revenues so far are added ...