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HTC Revenues Plummet 25.7% YoY

HTC has released its earnings report for the month of October, posting a notable 25.79% drop in revenue compared to the same period last year.

Revenue for the month notched NT$6.06 billion (US$200 million), down 6.8% from September’s revenue of  NT$6.51 billion (US$215 million).

Overall, total sales for the year reached NT$52.43 billion, a notable 18.18% lower than the same January-October period last year.

The company forecasts sales numbers to rise in the forthcoming months and holiday period, following the launch of the HTC U11+ and U11 Life smartphone.

[Source: HTC]

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