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HTC's June figures show a brutal two-year low in revenue

The HTC Desire 12 devices have flopped as expected. (Source: HTC)
The HTC Desire 12 devices have flopped as expected. (Source: HTC)
HTC’s fall from grace continues without hitting terminal velocity. The company released its June sales numbers, with the figures showing a 68% year-on-year drop in revenue.
Ricci Rox,
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Just last week, word from reputable sources confirmed that HTC is set to lay off 1500 workers from its manufacturing unit in Taiwan, a move that likely spells the first step towards the company's death—or of its mobile division, at least. That move is indubitably influenced by the company’s dwindling revenue, of which June’s marked a two-year low.

According to publicly released sales number for the month of June, HTC recorded an incredibly underwhelming US$72 million in revenue, down 68% from the same period last year. May’s numbers were already bad enough at US$80.5 million, but June took things even further down muddy waters.

HTC stock has reportedly fallen 30% since the start of the year, a drop that comes as a result of the company’s failure to release a successful mainstream smartphone over the past two years. The company kicked off the year with the U11 EYEs, and followed it up with the Desire 12 devices—all three being devices we had major gripes with. The U12+ flagship was a much better offering but has failed to set the world ablaze since it was launched.

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Ricci Rox
Ricci Rox - Senior Tech Writer - 2058 articles published on Notebookcheck since 2017
I like tech, simple as. Half the time, you can catch me writing snarky sales copy. The rest of the time, I'm either keeping readers abreast with the latest happenings in the mobile tech world or watching football. I worked as both a journo and freelance content writer for a couple of years before joining the Notebookcheck team in 2017. Feel free to shoot me some questions on Twitter or Reddit if it so tickles thine fancy.
contact me via: @riccirox, LinkedIn
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2018 07 > HTC's June figures show a brutal two-year low in revenue
Ricci Rox, 2018-07-10 (Update: 2018-07-10)