By: Jiang Ming-yan and Frances Huang
Taipei, April 5 (CNA) Taiwan-based smartphone brand HTC Corp., which has entered the global virtual reality (VR) market, saw its sales for March doubling from a month earlier on the back of its efforts to launch new VR headset models.
HTC said its consolidated sales for March totaled NT$1.31 billion (US$42.53 million), up about 108 percent from a month earlier, when the company’s revenue dipped to NT$630 million, an 18-year low.
The March figure fell 52.64 percent from a year earlier, the company said.
Market analysts said the year-on-year decline in sales shows that HTC still faces escalating competition in the global smartphone market in both the high-end and low-mid range segments. [FULL STORY]