HTC To Launch Several 5G Smartphones This Year


HTC revenue

Economic Daily reports that HTC released a new VR product dubbed as the Cosmos Elite yesterday. It will start pre-order on February 24. At the same time, HTC CEO Yves Maitre said that the company is going to launch new 5G smartphones this year.

As said, yesterday, the Taiwanese manufacturer released three new virtual reality series products, namely VIVE Cosmos Elite Package, VIVE Cosmos XR Edition, and VIVE Cosmos Basic Edition. According to the source, HTC said: ‘HTC has always led the global smartphone trend and will also launch 5G phones this year. But relevant details will be announced later.’

HTC 5G smartphones

On the 7th of this month, the HTC China official community was officially closed. The company said that users with needs can follow HTC’s official WeChat public account for consultation by themselves.

All these are quite surprising because the company’s financial reports showed that its revenue in 2019 was NT$10.01 billion (about $0.33 billion), a year-on-year decrease of 57.82%. Compared with the total revenue of 2017, it was 87% down. And it was the worst year in 19 years.

However, this doesn’t mean the Taiwanese company is going to make a competition with the top brands that already have launched their own 5G smartphones. We mean HTC may start operating like Sony to keep fingers on the pulse. This will help the company to know what’s happening in the smartphone industry and design various products that work with smartphones. At the moment, the manufacturer is focusing on VRs. So there is every reason to think this is done for the further development of this type of devices.

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