HTC reached new all-time low in February; revenue declined over 75%

The HTC U12+ HTC kicked off 2019 with what turned out to be its worst month on record. But with no new releases so far this year, it turn...

The HTC U12+

HTC kicked off 2019 with what turned out to be its worst month on record. But with no new releases so far this year, it turns out February 2019 was actually even worse.

For the 4-week period ending February 28, HTC generated just $20.2 million in revenue from its global sales of smartphones and VR headsets. The latest figure represents a decrease of over 37% from the month of January, which was when the company reached an all-time low of $32.7 million. To make matters worse, it equates to an even bigger year-on-year drop ...

from PhoneArena https://ift.tt/2C8fADH