
HTC revenues fall 19.6% in November

HTC reported revenues for November down 19.6 percent compared to a year earlier to TWD 30.94 billion. Revenues for the first 11 months of the year are still up 78.9 percent from the year-earlier period. HTC earlier warned for a slowdown in sales growth in the fourth quarter, forecasting quarterly revenues up 20-30 percent from a year earlier to TWD 125-135 billion. In October, its revenues rose 36.0 percent year-on-year to TWD 44.1 billion.
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