HTC eight month revenue almost halves from last year

Figure reduces from NT88.83 billion to NT46.58 billion, while revenue for August is also slightly down

HTC’s revenue for January to August 2016 has almost halved from last year, from NT88.83 billion (£2.12 billion) to NT46.58 billion (£1.11 billion).

This is according to unaudited financial results released this morning, which accounted for this eight month period, as well as August.

Here, HTC saw revenue fall slightly compared to the same period 12 months ago, from NT6.89 billion (£165 million) to NT6.58 billion ((£157 million).

The unaudited financial results come after HTC unveiled the latest addition to its smartphone range – the A9s – at IFA in Berlin on September 1.