HTC sales slip to 12-year low

Taipei Times
Date: Jan 07, 2017
By: Staff writer, with CNA
HTC Corp’s (宏達電) consolidated sales for last year fell 35 percent from the previous year, hitting their lowest level in 12 years.

In a statement issued yesterday, the company reported consolidated sales of NT$78.16 billion (US$2.44 billion) last year, the lowest level since it posted annual sales of NT$72.77 billion in 2005.

HTC’s annual sales had not fallen below NT$100 billion since then.

Last month, HTC’s sales reached NT$6.41 billion, down 16.42 percent from the NT$7.67 billion posted in November and 1.7 percent from the same period the previous year.    [FULL  STORY]

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