HTC released its 19-year financial report: annual revenue of 22.96 million yuan fell 87% compared with last year.

ByMoll Dupuis 2020-01-07 1203

[gearbest News] HTC recently reported that its income in 2019 was $3.3 million, or about 22.96 million yuan, down 57.82% from a year earlier, the worst year in 19 years. HTC, which once made a splash in smartphones, has also been looking for changes in recent years, but several new phones last year have failed to reverse the trend.

According to Bloomberg Tim Culpan, Apple's AirPods earnings in two weeks are more than HTC's income in a year, which is really sad. In fact, HTC has already sold most of its smartphone business to Google, and it has devoted itself to VR. In the Indian market, HTC announced that it will no longer sell high-end phones, but will focus on mid-range models.

Once the HTC mobile phone, in the emerging stage of Android, has a strong market share in the world. With the development of the smartphone industry. HTC appears to be inadequate in the face of Apple, Samsung and a number of domestic manufacturers. Last year, HTC also released several new phones, although the configuration and design have been changed, but the price is on the high side. As HTC sold most of its mobile phone business, a generation of mobile phone hegemons declined.

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