HTC saw its sales in February fall 44 percent year-on-year. It is a miserable result and the company is still months away from refreshing its Android smartphone line-up. The HTC One is already out and it is getting good reviews, but last year’s One series phones also got excellent reviews, but never went on to generate huge sales.
On Wednesday morning HTC shares fell 4.58 percent in heavy volume trading. By mid day, HTC was down 6.41 percent. HTC is currently trading at NT$255.50. Last March the stock was trading north of NT$600.