HTC starts 2013 with a slow January
HTC has announced its unaudited consolidated revenue for Jan. 2013, starting the year off with a 6.4 percent fall in revenue compared to Jan. 2012. In the first month of 2013, the Taiwanese manufacturer brought in NT$15.54bn ($530m), compared to NT$16.615bn ($560m) during the same period a year ago.
The announcement follows the posting of the company's Q4 2012 results, which showed a 41 percent year-on-year fall in sales. HTC is now forecasting a difficult first quarter, with operating margins between 0.5 and 1 percent. The manufacturer will be hoping to reverse its fortunes with the launch of its first major Android phones of the year, expected to be revealed at press conferences in London and New York City on Feb. 19.
More: The downward slide at HTC continues
Source: HTC
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Alex was with Android Central for over a decade, producing written and video content for the site, and served as global Executive Editor from 2016 to 2022.