HTC Q2 2018 Report Shows Continuous Fall in Revenue and 58% down YoY

Just like BlackBerry, HTC is also facing a continuous fall in its financial results. Now HTC Q2 2018 Report Shows Continuous Fall in Revenue. The VR business and Google’s deal with the company are probably the only things keeping the firm alive at this point.


HTC Q2 2018 Report Shows 58% decrease as compared to Q2 2017

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The financial report states that TWD 6.8 billion ($220.6 million) in revenue, which is 58% down compared to last year’s Q2. The quarterly net loss is TWD2.09 billion ($67.8 million).

HTC’s founder and chairman Wang Xuehong recently said that HTC will likely focus more on the AR/VR market. It means we may not see any smartphone from the firm if the company continues to face the loss.

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Onsa Mustafa

Onsa is a Software Engineer and a tech blogger who focuses on providing the latest information regarding the innovations happening in the IT world. She likes reading, photography, travelling and exploring nature.
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