HTC’s June Sales Slump 68 Percent, Biggest Drop In Over Two Years

www.oann.com | 9/21/2017 | Staff
Claw987Claw987 (Posted by) Level 4
TAIPEI (Reuters) – Taiwanese smartphone maker HTC Corp said its sales fell nearly 68 percent in June, its biggest slump in more than two years, as the struggling firm continues to lose customers amid intensifying competition with nimbler manufacturing rivals.

Once a favorite with consumers and investors, HTC’s popularity has dwindled with the emergence of rivals such as Apple, Samsung Electronics Co Ltd, and more recently China’s Xiaomi Corp.

HTC - June - Sales - T - T

HTC said its June sales fell to T$2.2 billion ($72 million), from T$6.9 billion a year ago and T$2.45 billion in May.

“In the high-end segment, the sales of their flagship phone this year has been lower than expected, leading to lower...
(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
I'm not always cranky, sometimes I'm actually running!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!