Behind Wang Xuehong's high hopes for 5G, HTC's mobile phone business has been declining from its former king. According to IDC's data from September 2017, HTC's global market share is only 0.68%. QuestMobile's data released in April this year showed that last year's 12 HTC, which has a 0.4% market share on the list, has been included in the 'Other' brand. HTC had once occupied 9.1% of the world's total smartphone shipments. This was the original 'king of Android'. ', is also the earliest mobile hardware company to cooperate with Google Android.
At the end of last year, HTC sold the handset ODM division for $1.1 billion to Google, retaining its own-brand smartphones and Vive virtual reality services.
Wang Xuehong told reporters that 5G has improved much in bandwidth and download speed compared to the past. It has been able to realize many previously impossible solutions. “Daily Economic News” reporter noted that for the future 5G era of smart phones Shape, Wang Xuehong previously publicly stated that because 5G reduces the demand for computing power of the device, the shape of a typical smart phone will change from the rectangle-based design to the 'other form'.
According to HTC's fiscal fourth-quarter earnings report released in March of this year, HTC’s current revenue was approximately US$540 million, a 29% decrease from the same period of last year, and a net after-tax loss of approximately US$337 million, a net loss from the same period of last year. Expanded by 216%, which is also its 11th consecutive quarterly loss.
For the company's current layout direction, Wang Xuehong said that this year's main focus on AR/VR, 5G, will also study blockchains that have received much attention recently. Big companies are all paying attention to the blockchain, which naturally will happen with HTC. But from long-term From the perspective of Wang Xuehong, HTC is mainly an AR/VR strategy.