HTC struggling

HTC has been struggling. It is even laying off some of its staff.

  • HTC sales remain low in June

    Monday 9 July 2018
    htc
    HTC saw its revenues dip 8.81% on month and 67.64% on year to NT$2.23 billion (US$73.24 million) in June, as the release of its new flagship model HTC U12+ in late May appeared to...
  • htc
    HTC has announced that it plans to lay off 1,500 employees in its smartphone manufacturing department in Taiwan as part of its restructuring efforts.
  • htc
    HTC is stepping up efforts to develop innovative technologies including VR/AR, AI, 5G and blockchain as it aims to reinvigorate its smartphone business by utilizing new applications...
  • HTC reports earnings for 1Q18

    Tuesday 8 May 2018
    HTC has reported net profits of NT$21.1 billion (US$707.69 million) or NT$25.7 per share for the first quarter of 2018, ending its 11 consecutive quarterly losses.
  • HTC sales remain in doldrums

    Monday 7 May 2018
    HTC saw its consolidated revenues decline 24.2% on month and 55.4% on year to NT$2.099 billion (US$70.71 million) in April, the company's lowest monthly figures since August 2004.
  • HTC saw its consolidated revenues drop 23.24% on month and 44.04% on year to a 13-year low of NT$2.61 billion (US$89.3 million) in February.
  • HTC
    HTC saw its consolidated revenues more than double sequentially to NT$6.51 billion (US$214.41 million) in September, buoyed by shipments of Pixel 2 smartphones to Google. The monthly...
  • HTC, which built the world's first Android-based smartphone, the HTC Dream, in 2008, is facing new challenges after it signed a US$1.1 billion deal to hand over its ODM team or half...
  • htc+google
    Google and HTC have announced a definitive agreement under which certain HTC employees - many of whom are already working with Google to develop Pixel smartphones - will join Google...
  • HTC has declined to comment on recent market speculations indicating that the company is currently conducting a strategic assessment on its future, including options to spin off its...
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    HTC has reported net losses of NT$1.95 billion (US$64.23 million) for the second quarter of 2017, the company's ninth straight unprofitable quarter although the losses narrowed from...
  • HTC reports heavy losses for 4Q16

    Tuesday 14 February 2017
    HTC has posted net losses of NT$3.1 billion (US$100.49 million) or NT$3.77 per share for the fourth quarter of 2016. The company has recorded losses for seven consecutive quarters.
  • HTC has confirmed that its global executive vice president Jason Mackenzie has left the company. HTC said operations will not be affected by the departure of individual personnel...
  • HTC 2016 revenues hit 11-year low

    Monday 9 January 2017
    HTC saw its revenues dip 16.4% on month and 1.7% on year to a five-month low of NT$6.41 billion (US$199.96 million) in December 2016.
  • HTC has reported net profits of NT$3.9 billion (US$133.2 million) for the third quarter of 2012, down 56% sequentially and 82% on year. EPS for the third quarter was NT$4.7, compared...
  • HTC adjusts workforce

    Wednesday 25 July 2012
    HTC
    HTC has been adjusting human resources in its production, R&D, and sales teams. Industry sources believe corporate restructuring is necessary as HTC's sales have been declining...
  • HTC has amended its development strategy and is likely to slow down its acquisition plans after announcing that it has reached a deal of selling nearly half of its holdings in audio...
  • HTC+One
    HTC has faced tough competition in Europe and the US but has been seeing market share in China and India grow significantly in 2012. Nevertheless, growth of market share in these...
  • Nokia, RIM and HTC are expected to see their smartphone shipments, as well as market share, continue declining in the third and fourth quarters of 2012 due to a lag in migration to...
  • HTC has posted consolidated revenues of NT$30 billion (US$1 billion) for June, which were on par with May, according to a company filing with the Taiwan Stock Exchange (TSE). The...
  • HTC+chairwoman+Cher+Wang
    HTC will strengthen its deployment in retail channels globally so as to tide over its operating constrains it encountered recently, including increasing market competition, the temporarily...
  • HTC has reported lower than expected revenues of NT$30 billion (US$1 billion) for May, which represented a decline of 3.2% on month and 26.1% on year. HTC also lowered its sales guidance...
  • HTC plans to adjust its marketing strategy for North Asia and will shift its resources to focus on the fast growing smartphone market in Japan, while maintaining a basic operating...
  • HTC's second-quarter revenues will be seriously affected, as shipments of its two new models, the HTC One X and HTC EVO 4G LTE, to the US have been banned temporarily due to customs...
  • HTC saw its business operations slip significantly in the first quarter of 2012, a sequential decrease for the second consecutive time, according to the company's financial report.
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Categories: Mobile + telecom

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