// IP Marketing video - START// IP Marketing video - END

HTC reports 51% drop in July sales

HTC reports 51% drop in July sales

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.

 Top stories
The EEC - overseeing Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan - has approved "A1893" and "A1954" models.
Samsung Electronics has filed a new trademark for “Micro QLED” with the Korean patent office, according to a news report.
Armenia's government prioritizes information technology with measures like tax breaks and educational programs, the article says.
The application enables users to modify photos in the style of prominent Armenian artists such as Martiros Saryan, Minas Avetisyan
Partner news