HTC’s revenue stream is drying up – the company posted a report for April of this year, which shows that it brought in only NTD 297 million (in US dollars, that’s just under $10 million). This is a sharp 31% drop compared to March of this year and half of what the company pulled in April last year.
The company had pinned its hopes on its Vive VR business, but so far that is failing to make up for the steeply declining smartphone sales (the company has released only a few new models since 2019).
In NTD million
2020
2019
MoM Change
YoY Change
…
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