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HTC Won’t Allow Media to Participate During Shareholders Meeting

An interesting piece of news comes from HTC today, that’s probably expecting a bloodbath during its next shareholders meeting, since they’re not letting the press attend it. It’s a well known fact that HTC is in turnmoil, after some less than great quarters.

htc_in_trouble

The meeting is scheduled on June 2nd and the measure to basically block media from the event is not a common practice for big firms in Taiwan. HTC remains a top smartphone vendor in the local Taiwanese market, in both sales volume and value, but its revenues have declined 32.37% over the past month and 38.66% in April compared to the same time last year.

The April sales performance were weaker than expected, reaching a value of $441.62 million. Usually after you launch a flagship phone like the HTC One M9, you’re expected to do better, not worse. HTC comes after a period when it changed CEO, strategy, ads, basically everything and even launched the HTC E9+ and HTC One M9+ to make up for the M9.

via Digitimes