All is not lost: HTC’s revenue returns to growth for the first time in a long time


It seems that the affairs of the Taiwanese company HTC, which has been predicted more than once a collapse, went smoothly. For the first time in a long time, HTC announced revenue growth.

In its new financial report, HTC said it had revenue of NT $ 380 million in April 2021, or about $ 13.58 million at the exchange rate. This is almost 28% more than last year. HTC’s revenue has been growing for five of the past six months. At the same time, HTC’s total annual revenue was down 4.4% on poor financial results in February, when revenues plummeted 45.67% from a year ago. But if HTC continues to show revenue growth, it may ultimately be able to surpass its 2020 results.

By the way, HTC is making every effort to get out of the crisis. It recently announced new virtual reality headsets, the Vive Pro 2 and Vive Focus 3, which will go on sale in June. Also at the end of this quarter, the company plans to release several new smartphones with support for 5G cellular networks.

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