HTC's sales dipped nearly 68 percent in June, making the slump the company's biggest in two years

Business Insider | 7/7/2018 | Reuters
melanie7 (Posted by) Level 3
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Taiwanese smartphone maker HTC Corp said its sales fell nearly 68 percent in June, making it the company's biggest slump in more than two years.

The dip in sales could be attributed to the company's dwindling popularity among consumers and investors as competitors like Apple and Samsung continue to rise.

Smartphone - Maker - HTC - Corp - Sales

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...
(Excerpt) Read more at: Business Insider
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