HTC's October consolidated revenue fell 29.35% year-on-year to only NT$216 million

News from this site on November 6, HTC released monthly operating data: consolidated operating income in October 2023 was NT$216 million, a month-on-month decrease of 64.1% and a year-on-year decrease of 29.35%; the cumulative consolidated revenue in the first ten months of this year Operating income was NT$3.434 billion, a year-on-year decrease of 1.85%.

This site noted that analysis company CCS Insight had previously predicted that HTC is expected to exit VR before 2026 due to reduced revenue and fierce competition. industry and sell intellectual property to other large companies. In this regard, HTC stated: "We solemnly deny such market rumors and predictions" and stated that HTC will continue to work with partners to promote the development and improvement of the XR, AI, blockchain and VIVERSE ecosystem

As early as around 2016, HTC began to develop VR and established the virtual reality brand VIVE. Later, it became the third largest VR equipment manufacturer in the world after Sony and Meta. However, HTC’s VR business has developed slowly in recent years.

Advertising statement: The external jump links (including but not limited to hyperlinks, QR codes, passwords, etc.) contained in the article are used to convey more information and save selection time. The results are for reference only. All articles on the site contain this statement.

The above is the detailed content of HTC's October consolidated revenue fell 29.35% year-on-year to only NT$216 million. For more information, please follow other related articles on the PHP Chinese website!