HTC January sales down 15% month-on-month

Focus Taiwan
Date: 2018/02/06
By: Jiang Ming-yan and Frances Huang

Taipei, Feb. 6 (CNA) Taiwan-based smartphone brand HTC Corp. reported Tuesday that its sales for January fell 15 percent from a month earlier amid escalating competition in the global market.

In a statement, HTC said its consolidated sales for January stood at NT$3.4 billion (US$116 million), down 15 percent from December and also down 27 percent from a year earlier.

Analysts said that although HTC unveiled the U11 Eyes last month, the move has failed to help the smartphone vendor generate more revenue since the model went on sale in late January.

According to HTC, the U11 Eyes carries a price tag of NT$14,900, which places the new model as a mid-range device.    [FULL  STORY]