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Despite making a smartphone comeback over the summer time, HTC has suffered one other horrible year. But in November 2020, the Taiwan-based model miraculously experienced growth for the first time since late 2019.
HTC experienced growth for the first time since September 2019
HTC has introduced unaudited consolidated revenue of NT$555 million ($19.7 million) for the month of November 2020. That’s a rise of just beneath 1% over the NT$550 million ($19.5 million) reported in November 2019. The revenue quantity isn’t excessive sufficient to make November HTC’s greatest month of 2020 — that title belongs to September — however it does nonetheless signify a pleasant improve over October, when it reported NT$430 million ($15.2 million) whole revenue.
For the entirety of 2020, HTC’s whole revenue stands at NT$5.191 billion ($210 million), down an enormous 44.8% from the NT$9.11 billion ($320 million) it was reporting at this stage final year.
Obviously, HTC nonetheless has December revenues to issue into that whole. But there’s nearly zero probability the quantity can be excessive sufficient to make up the huge shortfall all through the remainder of the year.
Looking at 2021, HTC is predicted to proceed specializing in its increasing VR lineup of merchandise. It may launch extra 5G smartphones, however at this stage they appear unlikely to make a huge impact.
(This story has not been edited by Newslivenation workers and is auto-generated from a syndicated feed.)