HTC has reported a slight sequential increase in August revenue, which still went down over 14% compared to a year earlier.
HTC's August revenue came to NT$313 million (US$10.33 million), up 2.71% on month but down 14.62% on year. For January-August sales, revenue totaled NT$2.73 billion, decreasing 16.4% from a year earlier.
Market sources expect HTC to see its sales improve in the fourth quarter of 2022, thanks to seasonal demand and expanding sales outlets of its first metaverse-enabled smartphone, the HTC Desire 22 Pro, to include Japan and Europe.
Meanwhile, HTC said it has begun marketing its virtual film production solution, the Vive Mars CamTrack solutions, in North America, Europe, China, Taiwan, and Japan, expecting the new product to generate revenue shortly.
