HTC revenue down 44% ahead of HTC One launch

Alex Walls
March 6, 2013

HTC released its revenues for February, showing the company was down 44% compared with 2012.

The company saw revenues drop to $NT11.4 billion ( £254 million) in February, down from $NT20.3 billion ( £454 million) in February 2012.

The result was down 26.82% on January, which saw revenue of $NT15.5 billion ( £348 million).

In total, the first two months of 2013 had a combined revenue of $NT26.9 billion ( £602 million), down from $NT36.9 billion from the first two months of 2012, a drop of 27.1%.

Mobile News reported this was the Taiwanese manufacturer’s lowest sales since January 2010, of  NT$11.12 billion ( £248 million).

The results follow the news that HTC UK and Ireland regional director Phil Roberson will step down, replaced by  Philip Blair, in addition to his existing position as VP of Product and Operations EMEA.

HTC’s new flagship device, the HTC One, which picked up best in show at the GSMA Mobile Awards, is set for release next week.

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