HTC: Vive sold out of stock

Refuting the view that 'VR is dead', HTC said on the 27th that its VR device Vive, which was recently sold out of stock, even reached a record high.

Recently, foreign media reported that 'VR is dead'. The article quoted the US e-commerce leader Amazon sales data, pointing out that HTC’s VR device Vive sales volume rebounded significantly at the end of April, and the June weak decline, interpreting the VR industry cooling.

HTC’s VIVE team seldom clarified yesterday through the blog’s big move. The number of Vive sales reached a record high. The sales decline in June was due to the sale of products and the shortage of distributors. Thanks to this incentive, HTC’s share price rose 1.6 yuan yesterday. The final price was 54.8 yuan.

HTC is actively transforming. After selling some mobile phone teams to Google at the beginning of this year, VR has become the most important operational lifeline for driving future growth.

HTC quoted a report released by IDC, a well-known research and development institution, in March. It is optimistic about VR/AR revitalization. In 2018, shipments were 12.4 million units, and the compound annual growth rate was 48.5%. In the first quarter of this year, HTC received 35.7. % of revenue revenue, taking the VR leader, leading Samsung's 18.9%, Sony's 12.6%, and Facebook's Oculus 9%.

HTC stressed that Vive's sales speed has not slowed down, but it has reached a record high, so that it is sold out of stock. For a consumer electronics product that has been on the market for three years, this sales curve is almost unheard of.

In addition, HTC's professional VR helmet VIVE PRO, which was launched this year, also announced that it has obtained all the first-level indicators for China's 'virtual reality head-mounted display device general specification', which is beneficial to HTC's VR products in the mainland market.

HTC’s board resolution yesterday, because the employees who were originally assigned to limit the employee’s rights to new shares did not meet the vested conditions, and 182 new shares were restricted for the employee’s rights, which was used to write off the capital reduction. After the capital reduction, the share capital decreased slightly to 8.19 billion yuan. 0.00022%.

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