HTC’s November results announcement: revenue increased by 12% quarter-on-quarter

HTC officially announced the unaudited performance report for November this year on the 6th, it can be said that there is not much surprise.

Throughout November, HTC’s revenue totaled NT$1.47 billion (US$47.67 million) – an increase of 12.75% from US$42.63 million in October, which is a positive sign. But perhaps more conspicuously, this figure has fallen by 73.98% year-on-year. This is also the third consecutive month of HTC’s monthly revenue decline of more than 70%.

The data also shows that from this year to November 30, HTC recorded a total revenue of only NT$22.39 billion (US$725.5 million), a decrease of 61.47% from last year. In the same period last year, this figure was 1.88 billion US dollars; before the end of 2017, HTC’s 2017 revenue has exceeded 2 billion US dollars.

According to reports from the Taiwanese media “Electronic Times” a few days ago, Taiwan announced the most valuable global brand list in Taiwan in 2018. HTC ranked only 14th and missed the top ten.

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