Days after we learned that HTC will be laying off 1,500 employees, some more bad news for the company has come out.
HTC has revealed that its sales for the month of June fell nearly 68 percent year over year. Specifically, HTC's June sales finished at T$2.2 billion ($72 million) this year, down from T$6.9 billion one year ago. This is the company's biggest sales drop in more than two years. Sales for June also slipped when compared to May, which saw sales of T$2.45 billion.
Rounding out the bad news today is the fact that HTC stock has dropped nearly 30 percent so far in 2018.
HTC was once one of the biggest names in the smartphone game, but the company has taken a hard fall in recent years. While some of its recent devices have been received positively, including the HTC U12+, competiton has been fierce lately and it's been tough for pretty much anyone not named Apple or Samsung to see significant success. It remains to be seen what'll happen with HTC in the near future, but at least for now, it looks like the company is committed to competing in the mobile space.
What do you think HTC could do to turn around its fortunes?
