Massive gains in sales of HTC smartphones. The reason why the business, once a favorite, has lost its popularity

The fall in sales of HTC smartphones

HTC said that the company's sales fell by nearly 68% in June two years, while the company continues to lose its customers and the context
intensify competition with industry competitors.

The smartphone company, which was once a favorite of consumers and investors, has lost its popularity with the emergence of rivals such as Apple, Samsung
Electronics and, more recently, Xiaomi in China, writes Reuters.

"In the high-end segment, this year's flagship phones sales were below company expectations, resulting in a decline in market share," said a senior analyst at the firm. # 39; studies.
Trendforce Marketplace.

Last week, HTC announced that it planned to cut nearly a quarter of its global workforce (or 1,500 employees) by layoffs at the end of the year. Taiwan factory, highlighting the difficulties
the company that sold one of the 10 smartphones in the world, said Reuters.

The company's shares fell by nearly 30% this year.

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