14 DAY TRIAL // Taiwanese mobile phone maker HTC Corporation has had a rough time lately, and it seems that its problems are not over yet, though signs of recovery are seen.
The handset vendor has announced revenues of NT$15.47 billion (US$522 million/€385 million) for November, which mark a decrease of 27.1 percent compared to the same month a year ago. However, the company has seen its revenue grow by 3.2 percent sequentially.
The mobile phone maker posted total revenues of NT$190.97 billion (US$ 6.45 billion/€4.75 billion) for the first 11 months of the year, a decrease of 28.6 percent compared to the last year, DigiTimes reports.
The company is expecting a decrease of 4.25-14.89 percent sequentially in the fourth quarter of the year. HTC should manage to ship around 5.2 million smartphones during the three-month period, data coming from TrendForce unveils.
The company is said to have lost market share due to the launch of only one smartphone in the last few months, namely the HTC One max.