AfterDawn: News

HTC revenues fall 20 percent YoY

HTC has seen its revenue fall for the first time in two years this quarter, as the smartphone maker struggles to keep up with the competition.

The Taiwanese-based company said today they made 31 billion Taiwanese dollars ($1.03 billion USD) in revenue for the month of November, down from 38.4 billion ($1.28 billion) last November.



HTC's figure was even more surprising because the company saw a 36 percent jump in October.

The company recently signed a deal to take a majority share of Beats Audio, including the technology in all its latest devices.

CEO Peter Chou has promised quad-core phones and tablets in 2012.

Written by: Andre Yoskowitz @ 6 Dec 2011 11:34

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• 2 comments

• Hyasuma

  This is where you failing HTC, you signed up with Beats audio and did NOTHING with it besides a damn headphones.
  

  Being nice always has its own consequences

  6.12.2011 11:44 #1

• hearme0

  Originally posted by Hyasuma: This is where you failing HTC, you signed up with Beats audio and did NOTHING with it besides a damn headphones. And this is where your thought process fails.............Beats Audio is a gimmick and no different nor any better than most everything else out there of comparable build. Anyone that buys into Beats Audio is truly a goof!

  6.12.2011 17:10 #2