HTC, manufacturer of our beloved EVO and One lines, has been delisted from the Taiwan 50 index after massive declines in revenue. Some sites were reporting over the weekend that the stock was delisted and removed from trading, but it appears it’s just a removal from an index of things that are representative of Taiwan.
In its place is a company that appears to make materials for stretchy pants.
HTC stock is trading at 52.60 a share today down slightly from 1,300 where it traded four years ago.
While being delisted from an index doesn’t spell doom to the company, it does indicate that HTC is not considered the powerhouse it used to be.
HTC trades on the Taipei Stock Exchange and can be located as TPE:2498 or 2498.TW depending on how you’re searching.
Hopefully this will spur HTC to once again produce something leading and unique rather than yet another slightly modified Sense distro for an ever more stock seeming phone, then again maybe the financial inertia with the One series is too great to break away from.
Sometimes it does amaze me with how abysmal the support has been for the HTC devices I’ve owned, how they tied flagships to the worst network in the nation for so many years, and the overall dissatisfaction with them that they’ve survived this long.
The EVO was a good one though, same with the M8/M9, but those last two came too late.[YIBADA]