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 | Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. |