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HTC October financial report shows worrying sign

Shortpedia

Content Team
Image Credit: shortpedia

While HTC plans to make a comeback to the flagship smartphone market in the near future, the latest financial results prove the other way. The company is not in an ideal place to make that move right now. HTC’s total revenue for October was only $21.6 million, a 48.6% fall from the previous month and a 49.8% drop from the same period last year. HTC is right now focused on midrange smartphones with devices like wildfire X and U19e.