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HTC Falls in February

HTC has reported consolidated revenues of NT$4.2 billion ($129.1 million) for February: a 35.2% MoM fall and 54.5% YoY. Year-to-date revenues were NT$10.7 billion ($326.2 million), which is down 50.33% YoY.

Sales are expected to remain flat in March, due to seasonal factors. A new flagship is not thought to be set to be released until April. More optimistic, however, was the fact that pre-orders for the HTC Vive headset sold out in ‘less than 10 minutes’ when they began this month.