HTC reports annual revenues down 58%

News Wireless Global 6 JAN 2020
HTC reports annual revenues down 58%

HTC reported annual revenues of TWD 10.0 billion for 2019, down 57.8 percent from a year earlier. The decline was slightly less than the 61.8 percent fall in 2018

In its monthly sales report, the company said December 2019 revenues dropped 55 percent to TWD 608 million, and fourth-quarter sales were down 56.1 percent to TWD 1.8 billion. 

Further details were not provided. HTC will release a full Q4 report in late January or early February. 

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