The company has stopped reporting losses
HTC published April 2020 financial results, which confirm that the Taiwanese manufacturer continues to be in a state of crisis, from which the company cannot find a way out.
Sunset HTC. Smartphones pull to the bottom
HTC has focused on niche products, from blockchain to VR headsets, but the continued decline in mobile sales has a clear negative impact on the company. Amid the coronavirus pandemic, HTC, which was one of the largest suppliers of smartphones 10 years ago, barely copes with losses. By the way, there is no loss of information in the financial report. The company is limited to income information.
In April, HTC’s total revenue was $ 10 million, which is 31.25% less than in March this year and 49.86% less than in April 2019.
If we estimate the total income from the beginning of the year, then it is about 54 million dollars. This is 53.99% less compared to the same period last year.
