HTC timid recovery in October, but the financial situation remains dramatic
To understand the economic and financial situation of HTC, just look at the table below. Do not need specific skills in-depth to understand that the taiwanese company is experiencing a dark period of its history, the other a glimpse of a light at the end of the tunnel.
The data relating to the month of October should not be that much better than those of September, when the company had hit rock bottom, registering the turnover, the worst of the last 15 years, the lower of 80,71% compared to the same period of 2017. Of course, up to October, the numbers are “improved”, in the sense that the turnover grew by 40,64 million dollars in September to the current 42.5 million. Compared to the previous year, however, the drop is (again) full-bodied: -78,44%. From January to October, the annual change in the overall average was -60,11%.
Just a growth of 4% on a monthly basis to reverse the route? The hope, for HTC, is that the smartphone blockchain Exodus 1, the efforts in the field of virtual reality and the sale of the mobile division to Google's will contribute to revive the fortunes of the company, even if the raw numbers lead us to think that, as was written about in a previous article, the situation is closer to the collapse.The iPhone more powerful than ever with the design of the most classic ever? Apple iPhone 8, on offer today from Techinshop to 534 euro or from Amazon € 600. CLICK HERE TO CONTINUE READING