Phone company’s sales rise 3% after a shocking financial performance of lateHowever, HTC sales for November were down almost 30% on the same time last year to NT 15,4bn. Last month’s sales were also down 27% year on year, despite the release of its hero One smartphone.
HTC Back From The Brink
Nonetheless, it marks the first quarterly sales growth for the Taiwanese smartphone maker in over 5 months.
Last month, HTC released the Max phablet down under, and is calling upon Robert Downey Junior to push its ‘change’ philosophy.
In Q3 last, the One maker reported a NT$3 billion loss – its first ever quarterly loss.
Things aren’t looking too hot for Q4, either.
Analysts Morgan Stanley forecasts HTC will ship just 3.5 million smartphones in Q4 – down 34% from Q3.
The news comes as reports out of Taiwan indicate the company is mulling over partnering with other chip makers apart from long time partner Qualcomm, in a bid to gain growth in mid range market.