HTC terminated its monthly loss, but not by its mobile phone business
HTC terminated its monthly loss, but not by its mobile phone business
2020-04-08 17:35

On April 8, it was reported that in recent years, the popularity of many companies and brands involved in mobile technology has gradually declined, such as Nokia, Blackberry and Motorola. Among them, the story of HTC is quite special.

HTC launched the first Android phone in history, and there are other milestone products, such as HD2, HD7 and HTC One. However, HTC is gradually fading out of the mobile phone market. This company tried blockchain technology and delayed the release of 5G mobile phones, instead releasing "smart centers". They hope to make profits after years of losses.

Although it is still difficult to achieve the above goals, HTC announced that its comprehensive revenue in March 2019 was about $42 million, which stopped the monthly loss. Compared with February 2019, it increased by 110%, but decreased by about 53% compared with the revenue in March 2018.

HTC's revenue in the first quarter of this year was only $95 million, down 66.51% year on year. According to Digitimes, it was not smart phones that drove HTC's performance growth last month, but VR helmets. This is also normal. After all, HTC U11, U11+and U12 are relatively old. In addition, the system is also an outdated version. The Exodus 1 mobile phone that can store cryptocurrency is not a popular product.

If HTC can continue to succeed in VR hardware and software, and with this advantage, its smartphone business will also be positively affected, right?


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