New smartphones did not help HTC get out of the financial hole
Taiwanese HTC released financial results in July: alas, the company continues to lose revenue, despite attempts to strengthen its position in the smartphone market.
At one time, NTS smartphones were very popular, including among Russians. However, then the position of the company in the world market of cellular devices began to deteriorate rapidly. As a result, NTS has been demonstrating negative sales dynamics for many months in a row.
For example, in July, the company generated revenue of NT $ 284 million, or approximately US $ 9.66 million. This is 56.26% less compared to the June result and 35.55% less compared to July 2019.
Moreover, last month’s revenue was the smallest this year. In general, according to the results of seven months of 2020, the income of NTS decreased by 52.24% compared to the same period last year.
The release of new smartphones has not yet brought the desired result. In June, we recall that the U20 5G and Desire 20 Pro devices debuted, but it seems that the demand for them turned out to be small.
Thus, the future fate of NTS as a smartphone supplier does not look too rosy.
