HTC consolidated revenue rises in November for 2nd straight month

Focus Taiwan
Date: 2018/12/06
By: Jiang Ming-yan and Evelyn Kao 

Taipei, Dec. 6 (CNA) Taiwanese smartphone brand HTC Corp. saw an increase in consolidated revenue in November for the second consecutive month, due mainly to the start of the peak holiday shopping season in Europe and the United States, the company said in a report issued Thursday.

HTC’s consolidated revenue in November was NT$1.47 billion (US$47.62 million), a monthly increase of 12.47 percent but a year-on-year decrease of 73.98 percent, according to the report.

In the first 11 months of the year, HTC’s consolidated revenue was NT$22.39 billion, a decline of 61.47 percent from the same period last year, the report showed.

Market analysts attributed HTC’s revenue growth in November to the launch of its mid-tier HTC U12 Life smartphone and its Vive Focus virtual reality (VR) headset in markets across the U.S., Canada, Europe, Asia and Australia.    [FULL  STORY]

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