Just in case you’re not familiar with the blockchain, it is a system used to keep track of cryptocurrency which makes it nearly impossible to cheat or hack into the system. Earlier this year HTC announced that it was working on a high-end Android phone, its first flagship model since the HTC U12+ in 2018.
HTC’s Exodus blockchain phone failed to catch on with the public
HTC’s new handset is reportedly based on the growing”metaverse” trend although such a term could mean anything. There might be some connection between a new high-end HTC handset and the company’s Vive Flow VR headset. There is also speculation that a new HTC phone will support Augmented Reality (AR) apps. The phone was supposed to be unveiled in April but delivery difficulties have forced a delay.
But since then, HTC released a series of forgettable models resulting in a flow of red ink. Despite the disappointments, HTC still has its fans who continue to hope that perhaps the next phone will be the one that gets the outfit back on track. And now the new model that was supposed to have been introduced in April has been delayed due to COVID.
How bad has business been for HTC? During April the company had $7 million in sales which was the lowest monthly figure since the company went public in 2002.