HTC’s global smartphone shipments grew 17%% YoY in Q3 2016 but the company currently stays well below 1% global marketshare in terms of overall smartphone shipment volumes. HTC continued to lose money for the sixth consecutive quarter. HTC’s ASP decline seems to be stabilizing due good HTC 10 sales. Rejuvenating ODM business with “Powered by HTC” initiative may help with lost revenues but not with lost market share.
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