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HTC to cut down component orders for the One M9 by 30%: Report

HTC One M9+

It’s no secret that the HTC One M9 hasn’t been successful in the market. More evidence to that fact is now coming through via supply chain sources. According to a new report, HTC has cut down component orders for the smartphone by up to 30%, which is a clear sign that it’s not forecasting a high volume of sales for the handset.

Given the news, the company’s share prices dropped to NT$103.5 ($3.3) on the Taiwan Stock Exchange a couple of days ago, which is another setback for the Taiwanese manufacturer. They have tried to restrict the damage to some extent by launching devices like the One M9+, One E9+ etc, but neither of these devices have made a lasting impact on the company’s bottom line.

It will be interesting to see what the company has planned for the months to come, especially given the poor performance of its flagship offerings. It is said that HTC is planning the release of a new budget tablet, so the company will dearly hope that it’s a success.

 

Via: Digitimes