HTC was planning on a big year with the One Series, but so far things aren’t looking good. They just reported 2nd quarter results and revenue came in a NT$91.0 billion ($3.04 billion), which is down 57.8% from last year. As far as net profit goes, they came in at NT$7.4 billion ($247.7 million), which is down 42.2% over last year.
HTC is blaming their performance on European sales falling short and the U.S. customs delay that took place in May. This is really bad news as I thought that HTC turned the corner with what I think is the best phone available in the One X. For now, it seems Samsung can’t do anything wrong and it will be tough for HTC and other Android manufacturers to put a dent in their market share.
source: thenextweb
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Categorized as Android Manufacturers, Android News
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