Company

Market Share and Finances

Revenue by Year

YearRevenue, NT$ billionApprox., US$ billionComment
2005722.2The Windows Mobile boom for carriers
20071183.6Launch of its own brand
20081524.6T-Mobile G1
20091444.4Hero, HD2
20102798.8Desire, EVO 4G, Nexus One
201146616Peak: ~43 million phones, profit of NT$62 billion
20122899.7One X, sales collapse
20132036.9One M7, first loss
20141886.2One M8
20151223.8One M9, loss of NT$15.5 billion
2016782.5HTC 10, Vive, Pixel for Google
2017622.0U11; Google deal
2018240.8A 62% drop
2019100.33Yves Maitre, Cosmos
20205.80.2COVID-driven VR growth
20215.20.19Focus 3, Flow
20224.40.15VIVERSE
20235.30.17XR Elite
20245.50.17Focus Vision

Smartphone Market Share (Worldwide)

PeriodShareRank
2010~7%4–5
Q2 201110.7%3 (after Nokia and Samsung)
20124.8%6
20132.4%9–10
2014~1.8%outside the top 10
2016<1%—
2018+~0.05%statistically insignificant

United States

In Q2 2011, HTC was No. 1 in the US in smartphone sales with a share of about 24% (Canalys data), ahead of Apple and Samsung, thanks to the EVO 4G, Thunderbolt, Inspire 4G and contracts with all four carriers. By 2013 its share had fallen below 6%, and by 2017 below 1%.

Why HTC Lost the Market

  • Lineup dilution: in 2011 more than 20 models were released with overlapping specifications.
  • Marketing: budgets an order of magnitude smaller than Samsung's; the $12 million campaign with Robert Downey Jr. did not help.
  • Patent wars: Apple's lawsuits (2010–2012) led to an import ban and delays of the One X in the US.
  • Component dependence: unlike Samsung, HTC does not make displays and chips; in 2012–2013 it suffered from shortages of cameras and displays.
  • Flagship failures: the M9 (2015) with an overheating Snapdragon 810, and the U Ultra (2017) with no 3.5 mm jack and a "second screen".
  • Chinese brands: Xiaomi, Huawei, Oppo and Vivo pushed HTC out of the mid-range segment from 2014.

Headcount

YearEmployees
2011~19,000
2014~15,000
2017~6,500 (before the Google deal)
2018~3,000
2024~2,000