HTC Corp (宏達電) yesterday reported revenue of NT$430 million (US$14.89 million) for last month, down 47 percent from NT$817 million in September and 34 percent from NT$656 million a year earlier.
Revenue in the first 10 months of the year plunged 47.7 percent to NT$4.64 billion from the same period last year.
HTC has been moving into virtual reality, forming a strategic partnership with Valve Corp in 2015 in hopes of reviving its fortunes.
Photo: Wang Yi-hung, Taipei Times
However, its VR efforts have yet to bear fruit and the company continues to rely heavily on mobile phones to drive its business.
The release of the HTC U20 5G in September gave the company its best month this year, with revenue soaring 88 percent to NT$817 million from August, but still declining 35.9 percent from a year earlier.
Priced at NT$18,990, it was relatively affordable compared with other 5G handsets.
On Oct. 20, HTC launched the 4G HTC Desire 20+, a mid-range model priced at NT$8,940.
This month, it made the U20 5G available in black.
Wistron Corp (緯創), an iPhone assembler, announced that revenue last month rose 4.5 percent sequentially to NT$92.1 billion, but declined 9.7 percent from a year earlier.
For the first 10 months, revenue slid 3.3 percent year-on-year to NT$684.7 billion.
Contract electronics manufacturer Inventec Corp (英業達) also saw revenue last month fall 18.9 percent month-on-month and 12.6 percent year-on-year to NT$42.1 billion.
The company said that it was hampered by supply shortages for its laptop and server products, leading to lower production.
However, revenue in the first 10 months edged up 1.3 percent from a year earlier to NT$424.9 billion, it said..
UNSTABLE? Downplaying geopolitical concerns, Mark Liu said that Taiwan can help usher in a bright, new era for the chip industry with its tech and manufacturing skills There are probably not many people who believe that Taiwan is unstable because of geopolitical factors, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) chairman Mark Liu (劉德音) said yesterday in Taipei in response to comments by Intel’s top executive. Intel CEO Pat Gelsinger on Wednesday told the Fortune Brainstorm Tech summit in California that the US government should support a sustainable semiconductor supply chain in the US, in part because “Taiwan is not a stable place.” With China sending 27 military warplanes into Taiwan’s air defense identification zone on Sunday, Gelsinger asked: Does that “make you more comfortable or less if you’re now
Toyota Motor Corp is to launch an all-electric small sedan in China late next year, having turned to local partner BYD Co (比亞迪) for key technology to finally make an affordable yet roomy runaround, four sources said. Two of the four people with knowledge of the matter described the car as an electric holy grail for Toyota, which has struggled for years to come up with a small electric vehicle (EV) that is competitive on cost in China and does not compromise on comfort. The sources said the breakthrough was chiefly down to BYD’s less bulky lithium-iron-phosphate (LFP) Blade batteries and its
Danish wind turbine maker Vestas A/S yesterday said it has invested NT$1 billion (US$36.07 million) in its local supply chain to supply components for its 9.5 megawatt (MW) V174 turbine. The project has helped created 1,500 jobs, including 150 jobs by Vestas itself, Vestas country manager Alex Robertson said. The turbine is to be used in four offshore wind farm projects for a total of 123 wind turbine generators, or 1.2 gigawatts (GW) of total capacity, he said. “This is localization like I’ve never seen before,” Robertson told a media briefing in Taipei. Vestas highlighted 10 Taiwanese supply chain partners that are
Contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and integrated circuit designer MediaTek Inc (聯發科) are optimistic about the “metaverse” concept, expecting it to create major opportunities for the semiconductor industry. At a tech forum last week to commemorate former finance minister K.T. Lee (李國鼎), who has been dubbed the father of Taiwan’s economic miracle and who helped build Taiwan’s semiconductor sector in the second half of the 20th century, TSMC chairman Mark Liu (劉德音) said he expects the metaverse to grow quickly in the next decade. Over the next 10 years, data computing power and transmission speeds are forecast to increase