
HTC has been struggling. It is even laying off some of its staff.
HTC sales remain low in June
Monday 9 July 2018HTC saw its revenues dip 8.81% on month and 67.64% on year to NT$2.23 billion (US$73.24 million) in June, as the release of its new flagship model HTC U12+ in late May appeared to...
HTC to cut 1,500 manufacturing jobs
Tuesday 3 July 2018HTC has announced that it plans to lay off 1,500 employees in its smartphone manufacturing department in Taiwan as part of its restructuring efforts.
HTC to rekindle smartphone business with new technologies
Wednesday 27 June 2018HTC is stepping up efforts to develop innovative technologies including VR/AR, AI, 5G and blockchain as it aims to reinvigorate its smartphone business by utilizing new applications...
HTC reports earnings for 1Q18
Tuesday 8 May 2018HTC has reported net profits of NT$21.1 billion (US$707.69 million) or NT$25.7 per share for the first quarter of 2018, ending its 11 consecutive quarterly losses.
HTC sales remain in doldrums
Monday 7 May 2018HTC saw its consolidated revenues decline 24.2% on month and 55.4% on year to NT$2.099 billion (US$70.71 million) in April, the company's lowest monthly figures since August 2004.
HTC February revenues hit 13-year low
Wednesday 7 March 2018HTC saw its consolidated revenues drop 23.24% on month and 44.04% on year to a 13-year low of NT$2.61 billion (US$89.3 million) in February.
HTC sees revenues more than double on month in September
Wednesday 11 October 2017HTC saw its consolidated revenues more than double sequentially to NT$6.51 billion (US$214.41 million) in September, buoyed by shipments of Pixel 2 smartphones to Google. The monthly...
Commentary: HTC faces new challenges after Google deal
Friday 22 September 2017HTC, which built the world's first Android-based smartphone, the HTC Dream, in 2008, is facing new challenges after it signed a US$1.1 billion deal to hand over its ODM team or half...
Google buys part of HTC smartphone team for US$1.1 billion
Thursday 21 September 2017Google and HTC have announced a definitive agreement under which certain HTC employees - many of whom are already working with Google to develop Pixel smartphones - will join Google...
HTC declines to comment on spin-off or sell-off speculations
Friday 25 August 2017HTC has declined to comment on recent market speculations indicating that the company is currently conducting a strategic assessment on its future, including options to spin off its...
HTC reports losses for 9th straight quarter in 2Q17
Monday 14 August 2017HTC has reported net losses of NT$1.95 billion (US$64.23 million) for the second quarter of 2017, the company's ninth straight unprofitable quarter although the losses narrowed from...
HTC reports heavy losses for 4Q16
Tuesday 14 February 2017HTC has posted net losses of NT$3.1 billion (US$100.49 million) or NT$3.77 per share for the fourth quarter of 2016. The company has recorded losses for seven consecutive quarters.
HTC confirms departure of its top executive
Friday 3 February 2017HTC has confirmed that its global executive vice president Jason Mackenzie has left the company. HTC said operations will not be affected by the departure of individual personnel...
HTC 2016 revenues hit 11-year low
Monday 9 January 2017HTC saw its revenues dip 16.4% on month and 1.7% on year to a five-month low of NT$6.41 billion (US$199.96 million) in December 2016.
HTC sees profits drop sharply in 3Q12
Friday 26 October 2012HTC has reported net profits of NT$3.9 billion (US$133.2 million) for the third quarter of 2012, down 56% sequentially and 82% on year. EPS for the third quarter was NT$4.7, compared...
HTC adjusts workforce
Wednesday 25 July 2012HTC has been adjusting human resources in its production, R&D, and sales teams. Industry sources believe corporate restructuring is necessary as HTC's sales have been declining...
HTC amends strategy, reduces stake in Beats
Monday 23 July 2012HTC has amended its development strategy and is likely to slow down its acquisition plans after announcing that it has reached a deal of selling nearly half of its holdings in audio...
HTC sees market share increase in China and India
Thursday 12 July 2012HTC has faced tough competition in Europe and the US but has been seeing market share in China and India grow significantly in 2012. Nevertheless, growth of market share in these...
Nokia, RIM and HTC to see smartphone shipments continue sliding in 2H12, say sources
Monday 9 July 2012Nokia, RIM and HTC are expected to see their smartphone shipments, as well as market share, continue declining in the third and fourth quarters of 2012 due to a lag in migration to...
HTC posts flat revenues for June
Friday 6 July 2012HTC has posted consolidated revenues of NT$30 billion (US$1 billion) for June, which were on par with May, according to a company filing with the Taiwan Stock Exchange (TSE). The...
HTC chairperson confident of improving operations
Wednesday 13 June 2012HTC will strengthen its deployment in retail channels globally so as to tide over its operating constrains it encountered recently, including increasing market competition, the temporarily...
HTC May revenues lower than expected; reduces 2Q12 sales guidance
Thursday 7 June 2012HTC has reported lower than expected revenues of NT$30 billion (US$1 billion) for May, which represented a decline of 3.2% on month and 26.1% on year. HTC also lowered its sales guidance...
HTC adjusts strategy for North Asia, shifting focus to Japan
Wednesday 6 June 2012HTC plans to adjust its marketing strategy for North Asia and will shift its resources to focus on the fast growing smartphone market in Japan, while maintaining a basic operating...
HTC shipments to the US hit by customs proceedings
Thursday 17 May 2012HTC's second-quarter revenues will be seriously affected, as shipments of its two new models, the HTC One X and HTC EVO 4G LTE, to the US have been banned temporarily due to customs...
HTC suffers sequential downturn in 1Q12
Wednesday 25 April 2012HTC saw its business operations slip significantly in the first quarter of 2012, a sequential decrease for the second consecutive time, according to the company's financial report.