HTC revenues slide 45% in August

|About: HTC Corporation (HTCKF)|By:, SA News Editor

Shares of HTC (HTCKF.OB) slump in Taipei as August revenue reportedly falls 45% Y/Y to $443.3M.

The numbers show a 16% decline from July.

"HTC’s September sales will have to grow 60% M/M to meet the low end of its third-quarter guidance," one analyst tells WSJ.

Many analysts now expect the company to post a loss for the year.