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January earnings for HTCare in, and they are not good
July 01, 2025
It’s beena rough few years for HTC. In 2011, the company was the third most highly-valued smartphone manufacturer behind onlyAppleandSamsung. But increased competition anda string of low-selling deviceshave left the company gasping for air. Today, it doesn’t even broach the top ten list of global smartphone manufacturers.
Anyone who may have been hoping that HTCcould make a comeback in 2018 will be disappointed to hear thatthe sales figures for January are in, and they are not good. Revenue sank 15%as compared to December 2017, and YOY totals are even worse at a 27% drop.
However, HTCisn’t entirely down for the count yet. In September of last year, Google announced a deal with HTCto the tune of $1.1 billion. The trade was for patents and staff, with HTChanding over about 2,000 engineers (many of whom were already working on theGoogle Pixel 2andits future successor) along with some intellectual property, and Google handing over the cash. That deal closed in January.
How HTCwill use that massive cash flow to turn itself around is not totally clear. TheHTC Viveand the company’s related investments invirtual realityseem like a safer bet than trying to re-enter the crowded and fierce smartphone market with another flagship. Will the HTCVive Pro and its standalone sister product theVive Focus, both hitting the market this month, give them the edge? Only time will tell.
It is unfortunate that HTCis in such a slump, as theHTC Oneseries was a truly gorgeous line of smartphones. But it seems that not evenRobert Downey, Jr.could bump up those sales numbers.
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