Daily Management Review

HTC beats new antirecord


09/10/2018


The financial position of Taiwanese smartphone and tablet HTC keeps deteriorating. The fall in annual terms was at the level of $ 54.



Kārlis Dambrāns
Kārlis Dambrāns
Last month, the company reported revenues of approximately 1.39 billion Taiwan dollars ($ 45.2 million). Only 0.77% were missing to hit the result of July, but in annual terms, the fall was almost 54%.

The numbers indicate that the new flagship model HTC U12 +, released in June 2018, failed to give a positive impulse to the smartphone business of HTC.

The total revenue of the company for the past 8 months of 2018 amounted to 18.35 billion Taiwan dollars (about $ 596 million). In January-August 2017, the result was 54% more and in US dollars exceeded the 1 billion mark.

The company itself tends to associate the negative financial results of its activities with business restructuring. Along with this, the decline in sales of smartphones due to tough competition in the global market. The leadership of the Taiwanese vendor sincerely expects that by the end of the year the company will manage to improve its performance a little.

Previously, Trendforce analysts reported that in the second quarter of 2018, HTC produced only about 600,000 smartphones. Although the result has improved compared to the previous quarter, HTC's position in the global smartphone market continues to weaken, experts added.

source: bloomberg.com






Science & Technology

Germany Plans On Cyber Security Research To End Reliance On U.S. Tech

Fuchsia will kill Android by 2023: Top 5 facts about the new OS

New Study Finds Goats Interact More With Happy People

More than 32 thousand "smart" houses under threat of hacker attack

Internet addiction and children: Global plague

Apple takes up to develop Apple Watch for health monitoring

Hyperloop is growing in Europe

Analysts: US gamers prefer mobile games

Google Assistant Winner Of Head-To-Head Test Of Digital Assistants, Beats Siri And Alexa

Animals Can Burn Muscle To Supplement Body Water Needs, Finds A Study

World Politics

World & Politics

Foreign Experts To Be Allowed By North Korea For Permanent Destruction Of Missile Sites

Ireland recovers €14.3 billion from Apple

Is China going to cancel its birth limit policy?

The US is ready to start negotiations with China

US and China start 5G race

Is Czech Republic posing a threat to the European Union?

Myanmar Military Top Brass should be investigated and prosecuted for genocide: UN

France Needs To Recover From The Blow of Its Environment Minister’s Resignation