Is HTC smartphone business going down?


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When the Android system started about a decade ago, HTC was at the hub of Android smartphone development. However, the current situation of HTC has reached a very dangerous point. Recently, feedback from netizens says that HTC’s flagship stores at Jingdong and Tmall are no longer searchable. However, ITHome searched the HTC Jingdong self-operated store and realized that the store is still searchable but all the products are out-of-stock. Considering the recent reports surrounding the company, this is not good news for lovers of the Taiwanese manufacturer.

HTC

According to previous reports, HTC will also introduce a variety of new smartphones this year, including its second-generation blockchain phone and 5G mobile devices. Will HTC close down its smartphone business soon? This is a question that can not be answered for now but current trends suggest that its smartphone business is suffering.

HTC

At the beginning of April this year, HTC announced its revenue data for March and the first quarter of 2019. The data show that HTC’s March revenue was NT$1.31 billion (∼$42 million), almost double its revenue in the previous month. Although this is good news, the company’s revenue still fell by more than 50% compared to the figures for the same period in 2018. HTC’s cumulative revenue in the first quarter of 2019 reached NT$2.94 billion (∼$95 million), a 66% drop from the same period of last year. 

Source :

ITHome

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