HTC Down in June but Positive About Q2

HTC has reported June revenues of NT$6.4 billion ($196.5 million), down 5.7% MoM and 26.7% YoY – down more than the market expected. Year-to-date revenues were NT$33.7 billion ($1 billion), a 54.8% decrease YoY.

Despite this, HTC said that its Q2 revenues were up 27% MoM to NT$18.9 billion ($584.9 million), reflecting good takeup of the HTC 10 smartphone and Vive headset.