cageymaru
Fully [H]
- Joined
- Apr 10, 2003
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HTC sales are still weak as its end of year financial statement showed a 61.78% decline in consolidated sales when compared to last year. This is the seventh consecutive year of decline that the company has experienced. HTC recently launched a new phone in December, but sales were still down 8.24% from November. "Darren Chen, head of HTC Taiwan, said his company will launch new high-end and mid-range models in the first half of this year, and he said he remained upbeat about its VR development in 2019 after doubling local VR sales in 2018."
HTC Chairwoman Cher Wang, however, expressed her faith in the company at its end-of-year party held Friday, saying HTC has laid a good foundation after its efforts in the past year, and she expects HTC will reap a harvest this year. Wang said HTC will continue efforts in VR, augmented reality, artificial intelligence, 5G networking and blockchain technology to broaden tech applications. On Friday, shares of HTC, in the Android camp, rose 1.11 percent to close at NT$36.50, outperforming the market, where the weighted index ended down 1.16 percent in the wake of heavy losses suffered by Apple Inc.'s suppliers. But the stock has fallen more than 97 percent from a peak of NT$1,300 seen in late April 2011.
HTC Chairwoman Cher Wang, however, expressed her faith in the company at its end-of-year party held Friday, saying HTC has laid a good foundation after its efforts in the past year, and she expects HTC will reap a harvest this year. Wang said HTC will continue efforts in VR, augmented reality, artificial intelligence, 5G networking and blockchain technology to broaden tech applications. On Friday, shares of HTC, in the Android camp, rose 1.11 percent to close at NT$36.50, outperforming the market, where the weighted index ended down 1.16 percent in the wake of heavy losses suffered by Apple Inc.'s suppliers. But the stock has fallen more than 97 percent from a peak of NT$1,300 seen in late April 2011.