HTC’s revenue stood at around $800 million ($NT24.019 billion) in August, down from $NT25.025 billion in July. The decline is particularly sharp when you compare it to last year’s HTC numbers - it’s a 47% drop from August 2011.
At the same time, HTC’s big Android rival Samsung just announced it’s sold 20 million of its flagship Galaxy S III.
HTC is definitely undergoing some tough times and it’s hard to prescribe a magic pill that would bring the company back on high profitability lane. HTC’s chief executive earlier called to employees to kill bureaucracy to bring the company back on track.
source: HTC via UnwiredView