HTC revenues continue to decline, down by 58 percent

HTC just posted its financial report for Q2 2018. Sadly, the revenues of the company is down once more.

The HTC U12+

This is the 10th quarter in a row where HTC has posted another big decline in sales. The company had TWD 6.8 billion (USD 596 million) in revenue. Their operating margin 50.7 percent down versus last year.

HTC revenues continue to decline, down by 58 percent

HTC failed to get positive results even if the 2018 product portfolio of the company are promising. It includes the HTC U12+ flagship smartphone.

It runs with the Snapdragon 845 processor, Adreno 630 GPU, 6GB RAM, 64GB ROM/128GB ROM, and has the second highest rated camera behind the Huawei P20 Pro at DxOMark.

Recently, HTC also launched the U12 Life at the IFA in Berlin. It is a promising mid-ranger with under EUR 300 price tag.

Hopefully, HTC can make a comeback soon. HTC is an innovator, we need them, and I hope they won't die.

Source: HTC