HTC records dismal May, though there’s reason for hope

HTC has recorded another dismal month of revenues. The Taiwanese tech manufacturer reported NT$2.445 billion (US$82.1 million) for the month, down some 46 percent from last year. On a positive note, it’s up 16.5 percent sequentially, but it continues a depressing slide with the year-to-date total also down a dramatic 44 percent.

Oddly enough, the flagship U11 device launched last year in mid-May while the U12+ was revealed on May 23 — we’re well into the pre-order process yet, so next month’s numbers may be more telling. Then again, we would more likely count super-niche phone releases to help in differentiating the company a bit more.

That said, the company has only made more than NT$3 billion in a month once this year and that was in January. It turns out that a US$1.1 billion infusion from Google in exchange for 2,000 hardware engineers will do little in terms of immediate impact to turn around the ailing company.

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About The Author
Jules Wang
Jules Wang is News Editor for Pocketnow and one of the hosts of the Pocketnow Weekly Podcast. He came onto the team in 2014 as an intern editing and producing videos and the podcast while he was studying journalism at Emerson College. He graduated the year after and entered into his current position at Pocketnow, full-time.