HTC has been in decline for quite some time now and we have seen a drop in the number of smartphones that the company releases annually. This is in a bid to cut cost. However, seems things are starting to look up for the Taiwanese company going by its financial report for June 2019.
The report shows the once buzzing manufacturing company recorded TWD1.4 billion in revenue ($44 million). This happens to be the company’s highest in the past seven months even though its YoY record shows it is still in decline. The revenue is 94.07% higher than the company’s previous revenue in May 2019 which is TWD753 million.
The report also includes the company’s financial record for the first half of the year ending in June. HTC’s gross revenue for the six months is TWD5.75 billion ($1.84 billion). This is an indication that a quarter of the revenue was made in the last month alone. The decline in YoY is just 34%, which is the lowest it has been since January 2018. HTC will have to put in extra energy and strategy in order to record a YoY increase, which it last recorded in October 2017 after the release of the HTC U11. Analysts also predict HTC will continue to surge in the coming months after the Desire 19+ goes on sale.
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