Unaudited revenue of NT$6.89 billion (£139 million), while eight month revenue is down by a third from last year
HTC is expecting revenue in August to slump by more than half year-on-year to NT$6.89 billion (£139 million).
This is according to unaudited financial results for last month from the manufacturer, with the figure compared to revenue of NT$14.5 billion for August 2014.
Revenue from January to August 2015 has also fallen by a third from the same eight month period a year ago to NT$88.83 billon (£1.79 billion).
They are part of a wider global cost-cutting exercise that it said will see it reduce expenditure by 35 per cent.
HTC CEO Cher Wang said the manufacturer needs a “flexible and dynamic organisation to ensure we can take advantage of all the opportunities in the connected lifestyle space”.
She added the realignment will ensure that each product group has the right focus, resources and expertise to win new markets.