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HTC Back From The Brink

HTC Back From The Brink
  HTC Back From The Brink However, HTC sales for November were down almost 30% on the same time last year to NT 15,4bn. Last month’s sales were also down 27% year on year, despite the release of its hero One smartphone.

Nonetheless, it marks the first quarterly sales growth for the Taiwanese smartphone maker in over 5 months. 
Last month, HTC released the Max phablet down under, and is calling upon Robert Downey Junior to push its ‘change’ philosophy. 
In Q3 last, the One maker reported a NT$3 billion loss – its first ever quarterly loss. 
Things aren’t looking too hot for Q4, either. 
Analysts Morgan Stanley forecasts HTC will ship just 3.5 million smartphones in Q4 – down 34% from Q3.  
The news comes as reports out of Taiwan indicate the company is mulling over partnering with other chip makers apart from long time partner Qualcomm, in a bid to gain growth in mid range market. 


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