HTC reports 51% drop in July salesAugust 5, 2014 - 11:42 AMT PanARMENIAN.Net - HTC has reported consolidated revenues of NT$10.61 billion (US$353 million) for July, dropping 51.61% from a month earlier and 32.58% from a year earlier. Revenues for the January-July period totaled NT$108.79 billion, down 15.8% on year. The over 50% revenue drop in July will make it difficult for HTC to reach its third-quarter guidance, market sources said, according to DigiTimes. HTC said recently that it expects its sales to decline 27.8-35.0% sequentially to NT$42-47 billion in the third quarter. Shipments of HTC's high-end model, the HTC One (M8), have reached its peak and were also affected by slow sales of high-end models in the U.S. and Europe, DigiTimes quoted the sources as saying. Although HTC's Desire-series smartphones are enjoying strong sales in China, keen price competition in the market has eroded its sales value, the sources added. HTC plans to launch its next-generation Butterfly 2 at the end of August and probably a new Desire model with high price-performance ratio in September in order to shore up its third-quarter sales, the sources said. Related links: Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | U.S. believes peace is “possible” in South Caucasus The United States continues to believe that peace is possible in the South Caucasus, Vedant Patel said. Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush province Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. |